Regulation news 2022Skip information index
Main tax innovations introduced by the General State Budget Law for the year 2022
PERSONAL INCOME TAX
Article 59 of the General State Budget Law for 2022 introduces the following modifications to Law 35/2006, of November 28, on Personal Income Tax and partial modification of the Corporate Tax laws , on Non-Resident Income and on Equity, with effects for tax periods beginning on January 1, 2022 , and indefinite validity:
Reduction limits in the tax base of contributions and contributions to social security systems.
Different limits are modified in relation to the social security systems .
Private insurance that exclusively covers the risk of severe or high dependency:
The set of reductions made by all people who pay premiums for the same taxpayer, including those of the taxpayer himself, may not exceed 1,500 euros per year (previously the limit was 2,000 euros per year).
Joint Maximum Limit
As a joint maximum limit for contributions or contributions to social security systems, the lowest of the following amounts will apply:
30% of the sum of net earnings from work and economic activities received individually during the fiscal year.
1,500 euros per year (previously the limit was 2,000 euros).
As of January 1, 2022, this limit will increase by 8,500 euros , provided that such increase comes from employer contributions, or from worker contributions to the same instrument of social security (same pension plan, corporate social security plan, social security mutual fund, etc.) to which the business contributions have been made, for an amount equal to or less than the respective contribution business (previously the limit was 8,000 euros and the increase had to come exclusively from business contributions).
The amounts contributed by the company that arise from a decision of the worker will be considered contributions by the worker.
The contributions that the individual entrepreneur makes to employment pension plans or social security mutual societies, of which, in turn, he is a promoter and participant or mutual member, as well as those made to corporate social security plans or collective insurance policies. dependence on those who, in turn, are the policyholder and insured, will be considered as business contributions, for the purposes of computing this limit.
In addition, the limit of 5,000 euros per year for collective long-term care insurance premiums paid by the company, which already existed previously, is maintained.
Article 60 of the General State Budget Law for 2022 introduces the following modifications to Law 35/2006, of November 28, on Personal Income Tax and partial modification of the Corporate Tax laws , on Non-Resident Income and on Equity, with effects for tax periods beginning on January 1, 2022 , and indefinite validity:
Extension of the exclusive limits of the objective estimation method.
The quantitative limits that have been applied in previous years and that delimit the scope of application of the objective estimation method for the economic activities included in the scope of application of said method, with the exception of agricultural and livestock activities, are extended for the year 2022. and forestry, which have their own quantitative limit by volume of income.
Therefore, the exclusive general magnitudes will be the following for the 2022 financial year:
Volume of income in the immediately preceding year exceeding 250,000 euros for all economic activities, except agricultural, livestock and forestry activities. All the operations shall be taken into account, irrespective of whether there is a duty to issue an invoice. The operations in which there is an obligation to issue an invoice when the recipient is a businessman, may not exceed 125,000 euros.
Volume of income for all agricultural, forestry and livestock activities greater than 250,000 euros.
Volume of purchases of goods and services in the immediately preceding year, excluding acquisitions of fixed assets, exceeding 250,000 euros.
de Presupuestos Generales del Estado para el año 2022.