This would mean recovering the tax incentives for housing investment that the Government of Mariano November 2019 calendar Cute removed in 2013 due to the need to clean up public accounts. Then, the popular executive abolished the deduction for acquisition of habitual residence, which came to subtract 4,000 million euros a year from collection. In fact, Casado’s proposal contemplates that those who still enjoy this deduction for having bought their home before 2013 could choose between maintaining that deduction or moving on to the new relief. Thus, and as detailed from the PP, a couple in which both work and each earns 20,000 euros a year, with a mortgage of 150,000 euros at an interest rate of 2% to 20 years signed after 2013, pays a fee monthly of 758.83 euros, without applying any deduction or deduction in the income tax declaration. With the so-called fiscal shielding, each member of the couple would save 1,044.82 euros per year on their declaration, that is, 2,089.64 between them. This calculation would also apply to those who now benefit from the deduction, which implies a lower tax savings of 682.94 euros per person per year (1,365.88 per couple), and opt for the tax deduction.
November 2019 calendar Cute
What the PP intends to do is extend the current tax benefits of pension plans to the purchase of housing. But in addition, the popular would also apply to other financial assets, such as stocks, deposits and investment funds. This deduction of up to 8,000 euros or 30% of net income from work would apply as long as those savings remain unpaid until retirement. In addition, at the time of retirement and when redeeming this money from pension plans and other financial products, as well as the capital gains generated by the sale of the home, they would not be taxed in the IRPF.
It should be remembered that right now, at For example, to rescue a pension fund, the accumulated money is taxed as income from work in the November 2019 calendar Cute, raising the taxable base and therefore, according to the form of rescue and the amount rescued, the section for which it is necessary to declare, being able to reach the maximum rate. This electoral commitment, in case the PP manages to form a government after the general elections on April 28 and implement the measure, would logically cost the public coffers in the form of lower revenue. Specifically, between 1,750 and 2,600 million euros per year, according to popular calculations. The government has activated the pre-campaign with a bunch of social decrees that open fire with a view to the Councils of Ministers that will be held every Friday until the elections on April 28. Although the courts are dissolved in four days, the Executive has approved a decree that reforms the law of rent, another that raises to 16 weeks paternity leave for 2021 and forces companies to publish the salaries of men and women, in addition to validating a loan from the State to the Social Security of almost 14,000 million to pay pensions.