social contributions

Spanish economy 11th October 2021

The Ministry of Inclusion Takes The Largest Share Of The General State Budget for 2022, With €33.3478 Bn

Last week, the Council of Ministers approved the General State Budget Bill 2022. Total Expenditure amounts to 458.97 billion euros (+0.6% YoY or +2.897 billion euros). Social Spending amounts to 248.391 billion euros (+3.6% YoY). For this reason, the Ministry of Inclusion, Social Security and Migration will receive the largest share of the budget for 2022, with €33.478 billion, taking into account that it includes the transfer of €18.396 billion…

In Europe 26th February 2014

Spain’s new jobs to have a €100 flat rate on social contributions

MADRID | By Francisco López | PM Mariano Rajoy’ leading measures to push up Spanish economy in 2014 include a €100 flat rate for social security contributions of new jobs as well as a tax cut that can benefit 12 million of workers. While the first initiative intends to foster permanent contracts more than alleviate companies’ tax charges, the second is not very clear since we don’t really know how many employees will benefit from it. Also, the next fiscal reform could change tax structure completely.