The Friendly Arboleas Community Forum

General Category => General Discussion => Topic started by: roger on 02 Jan, 2021, 02:24:05 pm

Title: Tax on insurance
Post by: roger on 02 Jan, 2021, 02:24:05 pm

The vat on car and house insurance is going up from 6% to 8%
Latest budget increases as well as increases in income tax for the most wealthy.
Spanish pensioners also face changes.
Age raise to 66 and contribution years raised to qualify for full pension.

Title: Re: Tax on insurance
Post by: roger on 02 Jan, 2021, 02:27:39 pm

Also tax on sugary drinks.

Total plan to raise an additional 5.5 billion.

Title: Re: Tax on insurance
Post by: BRIMAR on 02 Jan, 2021, 03:55:33 pm

I understand the government will also be reducing tax relief on contributions to individual pension plans.

I see that the Basque National Party (PNV) managed to get the proposed tax rise on the cost of diesel scrapped. Being a key ally of the government certainly has its benefits. Registration tax for new vehicles will, however, rise in 2021 due to the new regulatory system for the measurement of emissions.

Title: Re: Tax on insurance
Post by: frankie on 03 Jan, 2021, 10:11:17 am

I bet there will be something soon which means we pay to breath fresh air... :sad: