What goes up and what goes down in 2025? Mortgages are cheaper, but the VAT of light and food returns
7 Articles
7 Articles
As a 2024 convulsor rushes its last hours, 2025 calls for passage already in the calendar. And it does so, as every year, with higher prices, tax increases or rent revaluations. The year that is about to begin will be marked by a more expensive light bill; higher housing (and rent) prices; increases in food VAT, a new waste rate and an uncertain tax increase on diesel. Social contributions (especially high incomes), IRPF to big capitals, tobacco…
Next year it is presented as a new exercise of price normalization in many areas and of containment after the shocks that began with the pandemic.The forecasts point to that inflation will continue to moderate; public transport will enjoy an extension of the discounts that began in 2022; pensions will be revalued in line with the index of consumer prices, and mortgage and borrowing costs will decrease thanks to the foreseeable reduction of the e…
The January hike will be a bit steeper. In the Southern Basque Country, prices have generally fallen this year, but have increased slightly since September. The INE statistics agency announced today the advanced data for the Spanish consumer price index (CPI) for December, which increased by four tenths of a percentage point, to 2.8%. This increase may be greater in January, as VAT on basic food and energy will return to previous levels. 1 Food …
elperiodicodelaenergia.com
diariodesevilla.esThe reconfiguration of the banking tax, the new tax on large energy, still to be validated by Parliament, the return of the VAT from light and food to its pre-crisis inflationary levels, and the minimum rate of 15% in the Corporate Tax for large corporations will mark this 2025 in tax matters. Tax reform is one of the projects that has cost the government the most in this legislature, as it has had to face from the first moment hard multi-party …
New fiscal measures for 2025: changes in taxes that will impact everyone The Spanish government is in the process of negotiating to implement significant changes in fiscal policy that will enter into force in 2025. These changes will not only affect the taxation of large companies, but will also have a direct impact on citizens and self-employed.The main planned fiscal reforms and their implications are detailed below.The fiscal reform and its i…
With the arrival of 2025, the VAT on certain basic foods and electricity increases at the end of its tax reductions set in motion to mitigate the inflationary spiral. However, the prohibition on interrupting supplies to the most vulnerable consumers is extended and the amount of pensions increases. Changes in the VAT on food: From January 1st it will increase from the current 2% to 4% the VAT on basic foods such as olive oil, bread, milk, eggs, …
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