Table 15. Adjustments due to impacts of regulatory changes

Increase in the reduction of labor income

Big companies

SMEs

Pensions

Changes in minimums, rates and deductions in the autonomous communities.

Extension of maternity deduction

Increase in expenses that are difficult to justify (est. direct)

Increase in overall reduction on net income (est. objective) (including RDL 35/2020)

 -38

VAT rate reduction on feminine hygiene products and contraceptives

 -21

 -21

Energy-related measures

Reduction of the VAT rate on electricity (RDL 11, 20/2022)

Reduction of the VAT rate on natural gas, wood and pellets (RDL 17, 20/2022)

Other

Modification of the limit on contributions to social security systems (PGE-2022)

Deduction for housing rehabilitation (RDL 19/2021)

Exceptional measures on agricultural yields (Order HFP/405/2023 and Order HFP/1172/2022)

Minimum rate 15% (PGE-2022)

Temporary Solidarity Tax on Large Fortunes (Law 38/2022)

Compensation of losses in groups (Law 38/2022)

Reduction of the VAT rate on food (RDL 20/2022)

Special Tax on Non-Reusable Plastic Packaging (Law 7/2022)

Financial Transactions Tax (Law 1, 22/2022)

Tax on Certain Digital Services (Law 1, 22/2022)

Fee for use of continental waters (Law 7/2022)

Change in the regulation of deferrals (Order HFP/311/2023)

Extraordinary income and returns

Other measures