In the BOE of February 7, Royal Decree 142/2024, of February 6, was published, which modifies the Personal Income Tax Regulations, approved by Royal Decree 439/2007, of 30 March, regarding withholdings and payments on account.

The main objective of the modification is to raise the minimum amount to make withholdings from 15,000 euros to 15,876 euros, which will allow those who earn the minimum wage in 2024 not to bear withholdings for this tax. Likewise, in order to avoid the corresponding error of jump in the tax rate, the measure is extended to taxpayers with net income from work of up to 19,747.5 euros per year, who will see their withholdings or payments on account reduced.