Post a Comment Print Share on Facebook
Featured Aznar

Personal income tax filers rose in 2020 and tax bases fell 0.5% due to ERTE, according to Gestha

MADRID, 7 Jul.

- 20 reads.

Personal income tax filers rose in 2020 and tax bases fell 0.5% due to ERTE, according to Gestha

MADRID, 7 Jul. (EUROPA PRESS) -

Personal income tax filers with income from work increased in 2020 by 734,011 although the tax bases decreased by 2,267 million euros, which in relative terms implies a decrease of 0.5% compared to 2019, according to data published this Thursday by Gestha referring to the Income Campaign of the year of the outbreak of the pandemic.

The decrease in tax bases was limited due, according to Treasury technicians, to the benefits linked to the temporary employment regulation files (ERTE) paid by the State Public Employment Service (SEPE) and to the public aid launched by the Government to mitigate the economic effects of the pandemic.

Considering the State Public Employment Service (SEPE) a second payer and reducing the limit of income from work that determines the obligation to declare to 14,000 euros, there was an increase of 734,011 declarations with income from work, with a correlative rise of remuneration of more than 10,173 million euros. However, Gestha specifies that the average income from work fell by 325 euros.

Faced with the increase in income from work, declarations with returns on movable capital decreased in the first year of the pandemic by 1,634,326 (-15.8%), with an overall decrease of 3,578.5 million euros (-19.9 %).

Gestha also appreciates a "significant" cut in the declarations made by self-employed workers in 2020, with 68,188 fewer declarations, with lower income from economic activities by 5,067 million euros (-14.8%) than in 2019, which caused a decrease in average profit of 1,486 euros (-12.8%).

At the same time, the Treasury technicians estimate the fall in lease declarations in 2020 at 43,227 (-0.5%), with 821.3 million euros less (-5.5%). For its part, doubtful property income increased by 48.4 million and legal expenses for real estate income were concentrated among owners with income of more than 60,000 euros.

According to Gestha, with data as of 2020, personal income tax filers in Madrid and the Balearic Islands were the most unequal, since the richest 10% of Madrid earned more than double (2.18) that of the poorest 40% of Madrid residents. . In the case of the Balearic Islands, the richest 10% earned 1.77 times what the poorest 40% earned.

At the national level, the richest 10% of the autonomous communities of the common regime entered 1.63 times what the poorest 40% received.

On the contrary, the regions with the least inequalities are Asturias, where the richest 10% earn 1.14 times that of the poorest 40%; Extremadura (the richest 10% earn 1.21 times), and Castilla y León and Castilla-La Mancha (1.22 times).

On the other hand, if the group of filers is taken and not only the proportion of 10/40), the tax filers of Madrid and the Balearic Islands are also the most unequal, with 5 and 2 points above the state average, while that Asturias is the most egalitarian community (0.30).

Compared to 2019, the year of the pandemic positively affected the reduction in inequality of personal income tax filers, cutting it by -1.2%, due to the fall in capital income experienced in 2020.

This explains why Madrid and the Balearic Islands reduced total inequality in 2020 by 2.8% and 2.1%, respectively. Also above the national average for the reduction of total inequality (-1.2%) were Castilla y León (-1.7%) and Catalonia (-1.4%).

However, on the negative side, Murcia stands out, which increased total inequality in 2020 by 4%, followed by Aragón (1.8%), Cantabria (1.5%), Castilla-La Mancha (0.9%) and Andalusia (0.8%).

Compared to 2010, the total inequality of personal income tax filers in the set of autonomous communities of the common system increased by 1.3% in 2020, being Madrid (5.5%), Murcia (4.5%) and the Balearic Islands ( 4.1%) the regions with the largest increases.

At the other extreme, the respondents from Asturias stand out, who cut inequality by 7.4% in the 2010-2020 period; Castilla y León (-4.8%) and Cantabria (-4.7%).