According to reports, Spain is the only European country that improves personal income tax (IRPF). In all European countries, there were seven countries in this year to reform the individual income tax system. Spain is the only country that improves personal income tax levy rates, and the other six countries: Austria, Czech Republic, Greece, Latvia, Poland and Norway have reduced personal income tax levy rates to fight inflation. On the contrary, Spain chooses to increase the personal income tax of taxpayers in annual income of more than 300,000 euros.
Other European countries should choose to reduce personal income tax tax: Since July 2022, Austria fell from 35% from 35% to 30% from July 2022. The Austrian Administration is preparing for again. Cut the income tax of the third tax. The Czech Republic chooses to increase the revenue threshold for the second tax-based personal income tax, from the threshold of the Euro of 44679 to the EUR 80421 euros per year. Similarly, the Polish government approved a tax reform program: income income tax increased from 1885 euros to 7074 euros. For Norway, the personal income tax rate of the first and second tax levels reduced by 0.2 percentage points, but increased the tax rate of third and fourth tax levels to offset this measure. Greece chooses to suspend the resumption of so-called unity surcharges for private sector workers. Latvia fell from 31.4% to 31% in 2021, and the highest tax rate applies to income above 78,100 Euros.
Post time: Apr-14-2022