The effect of adapting personal income tax to inflation: benefits medium and low incomes more and saves up to 470 euros

• Feijóo Policy proposes tax relief for incomes below 40,000 euros

Deflating personal income tax, and also adapting the components of this tax to inflation, has a significant impact on taxpayers.

Proportionally

, and the savings per declarant reaches

.

The Registry of Tax Advisor Economists (REAF), which is the specialized body of the General Council of Economists, has provided these conclusions this Wednesday, thus putting specific figures to the extent that the president of the PP, Alberto Nuñez Feijóo, will propose to the President of the Government and that has been advanced by THE WORLD.

Specifically, the REAF points out that deflating the rate and indexing the components of the tax

for a single worker without children who in 2021 had a gross salary of 22,000 euros.

If the income had been 30,000,

, while if the figure is 35,000, therefore close to the 40,000 proposed by Feijóo, the savings are the same.

In the event that the taxpayer had entered 50,000 euros, the savings

;

for gross income of 80,000 euros, the savings would be

;

and for the 300,000 section,

.

"The benefit is proportionally greater for low and medium incomes," said Luis del Amo, technical secretary of the REAF and author of these calculations, which assumes that

. , that is, it proposes two possible scenarios in which wage increases are produced for these amounts.

Likewise, it carries out an exercise in which the components of the work expense and the minimum, which are part of the IRPF, are updated to 6.5%, which is what it is estimated that average inflation will end.

For the impact and adaptation of the personal income tax to be total, the possible measure of the Government should include the two actions.

This is what Del Amo himself suggests and this has also been pointed out by other economists such as José Felix Sanz.

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