UGT says it won’t assist an settlement to lift the SMI if it’s not exempt from private revenue tax | Economy | EUROtoday

In latest years, the minimal interprofessional wage (SMI) has grown lots, 54% since 2018. With every enhance, the Ministry of Finance made a subsequent overview of the Personal Income Tax to extend the exempt minimal from which it’s important to pay. For instance, final yr the restrict for paying private revenue tax was raised to fifteen,876 euros, the present minimal annual wage. However, as EL PAÍS introduced this Friday, the Treasury advances that on this event it’s contemplating not making that correction. According to calculations by the Registry of Tax Advisory Economists (REAF), this could pressure SMI beneficiaries to pay round 42% of the anticipated enhance in private revenue tax, no matter it might be. The UGT union doesn’t like this chance and has set out a powerful place on the matter: if the identical factor as earlier years isn’t accomplished, rising the exempt minimal, they won’t take part within the settlement.

“The Executive has reaffirmed that UGT opposes an settlement that doesn’t ponder the private revenue tax exemption for the brand new SMI. The union’s precedence is to ensure that the quantity of the SMI reaches web the employees who obtain it, who signify probably the most deprived sections of the inhabitants and require higher institutional assist,” indicates the union in a statement sent to the press this year. Friday. Likewise, as the general secretary Pepe Álvarez already did on Wednesday, the union sends the message that the Government is one, not several: “This goal additionally implies a direct accountability of the Ministry of Finance to make sure that these measures are correctly applied.”

“For the General Union of Workers, the priority continues to be improving the living conditions of working people, with attention to the most disadvantaged, for which to set its minimum amount it must continue on the path of reaching 60 % of the average salary as established by the European Social Charter, and any decision on the SMI must be oriented towards that objective,” provides UGT, which proposes a rise within the lowest potential remuneration of between 5% and 6%, as CC OO.

The two majority unions have supported all of the will increase within the SMI that the coalition Government has carried out, however the Executive doesn’t want this assist to use it, nor the approval of Parliament.

The minimal wage dialogue desk will likely be opened shortly, as soon as the proposal of the Labor specialists is thought: they advocate a rise of three.4% or 4.4%. In the primary state of affairs, the SMI would rise to 1,173 gross euros per 30 days (16,422 per yr, 546 extra) and within the second, as much as 1,184 (16,576 in annual calculation, 700 extra). If the Treasury doesn’t replace the tax, employees pays 233 or 300 euros, 42% of the rise. This advice units the start line for Labor negotiations with unions and employers, by which the ultimate determine will likely be decided.

The Treasury signifies that though the choice has not but been made definitively, the likelihood that there won’t be an replace of private revenue tax just like that of different years is on the desk. This newspaper has requested the Ministry of Labor for an opinion on the matter, however for now they like to not remark.