The private earnings tax will decrease a mean of 12.5%

The Fiscal Reform that they have approved in the Council of Ministers will cause the IRPF to lower as of 2015 an average of 12.5% ​​for all taxpayers and an average of 23.5% for those who earn less than 24,000 euros per year. In addition, Montoro has explained that the tax reform will be implemented in two phases, a first in 2015, in which citizens will already begin to notice the tax reduction, which will be completed by a second phase in 2016.

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