Murcia lowers the regional section of personal income tax by 4.1%

The Government of the Region of Murcia approves this Thursday a general lowering of the autonomous section of personal income tax in its first four sections (income of up to 60,000 euros), a measure that its president, Fernando López Miras, had already announced on May 27 and that It will become effective after passing through the Governing Council.

The drop, as confirmed by sources from the Ministry of Finance, will be 4.1% "in line with the national evolution of wages" and above what the regional leader had announced in May, when he spoke of a 3, 5%.

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According to the calculations of the Murcian Executive, this deflation will benefit some 330,000 Murcians, who will save around eight million euros in total on their income tax returns for 2022 (the next one to be presented).

It will apply to taxpayers in the first four sections of the regional tax, that is, those with incomes of up to 60,000 euros per year.

The Government of López Miras is thus aligned with those of Isabel Díaz Ayuso in the Community of Madrid and Juan Manuel Moreno in Andalusia, who approved this measure this week, and also announced the abolition of the wealth tax.

Murcia had also put on the table the elimination of that tribute;

However, presidential sources acknowledge that it will not be carried out immediately, but rather that it is a measure that is "under study."

They link its suppression, which would be progressive, to an improvement in the financing that the autonomous community receives from the State.

The Murcian Government has spent years demanding a change in the autonomous financing system, since Murcia is the second worst financed community in Spain, only behind Valencia.

The Treasury technicians' union, GESTHA, puts income from wealth tax in the region at 27.2 million euros per year, which is paid by around 4,500 taxpayers.

From the regional government they have insisted that the deflation of personal income tax is added "to other important tax reductions already in force", such as the elimination of inheritance tax and donations for groups I and II in the case of successions and also for the group III (brothers, uncles and nephews) in donations, which benefits some 114,600 contributors.

The reduction of these taxes, the different deductions in the IRPF (a fortnight) and those that apply to the tax on property transfers and documented legal acts have meant savings for Murcian taxpayers of one million euros per day in 2022, and 1,400 million euros so far in the legislature, according to the calculations of the regional government, which claims to be the community with the lowest taxes in Spain.