We will now explain what new developments the legislator has introduced regarding Personal Income Tax, specifically through its Regulations.
1. The amount is increased to €6,000 per year, exempt from public scholarships and those granted by entities benefiting from patronage for studies, which is increased to €18,000 per year when it compensates for transport and accommodation expenses for carrying out regulated studies, up to and including the master's level or equivalent, or up to €21,000 when it is abroad.
For doctoral studies, the grant increases to €21,000 if studied in Spain and to €24,600 when studied abroad.
2. The controversy created regarding study expenses for the training or retraining of staff that do not constitute remuneration in kind, along with those that are financed by other companies (provided that they market products for which it is necessary to have adequate training).
Therefore, the training received by workers will not be considered as income from work in kind, even if a third party finances the completion of such studies.
3. The provision of the dining service is increased : daily exempt amount to 11 euros.
4. The Regulations are adapted to reflect the changes introduced by law. Specifically, the exemption for health insurance premiums paid to people with disabilities is increased to €1,500
5. The list of descendants for the minimum family allowance is extended to those who have custody by court order.
6. The voluntary correction of errors made in the presentation of a self-assessment is simplified , where a new article is added in which the declaration model itself will be used to submit a request for rectification of self-assessment
7. Obligation to inform the subjects involved in capital reduction operations with return of contributions or distribution of issue premium
8. Since January 1, 2017, there is a new withholding or advance payment provision in the case of transfer of preferential subscription rights, both for listed and unlisted entities at 19% (obligation to withhold by the entity and/or intermediary in the formalization regardless of the collection) and it will be included in the capital gain.
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A graduate in Business Administration from the University of Barcelona, she supplemented her studies with courses in customer service and corporate tax. While working and studying, she worked in sales and teller operations at La Caixa d'Estalvis i Pensions de Barcelona (now Caixabank) in 2007. From 2010, she worked as an advisor and accountant at Fiscalsegur and PKF Asesores. In March 2017, she joined Àmbit Assessor, SL as a tax and accounting consultant.
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