The new IRS rates, approved this Friday by the Council of Ministers, will be expressed in monthly benefits that range from 1.25 euros for a salary of 950 euros to 46 euros for those receiving 7,500 euros.
These figures are part of a set of simulations carried out by consultant Ilya and reflect the rate cuts approved by the government this Friday, which range from 0.25 to 0.75 percentage points in the first five levels (and which have already been cut in the second level). beginning of this year) and from 0.5 to 3 percentage points in the 6th, 7th and 8th groups compared to the rates in force in January.
According to Ilya’s modeling (which takes into account single people or couples without dependents), a salary of 950 euros would have an IRS reduction due to the approved measures of 1.25 euros per month (or 17.48 euros per year) compared to the model. which came into force along with the State Budget for 2024.
For those with a salary of 1000 or 1500 euros, the monthly IRS reduction will be 1.87 and 4.66 euros respectively (26.18 and 65.22 euros per year in the same order) compared to the current IRS rates.
This monthly saving increases to 7.62 euros for a gross salary of 2000 euros (106.66 per year) and increases to 17.40 euros per month (or 243.54 euros per year) for a salary of 2500 euros, which is already included into the 6th income bracket – the marginal rate of which is also being reduced by the government’s proposal, in this case by three percentage points.
Modeling by Ilya Consultancy also shows that for salaries from 7,500 euros to 15,000 euros gross, for example, the reduction will be the same, that is, 46 euros per month and 644 euros per year, compared to the rates already in force.
It’s worth remembering that in January, the previous government cut the rates applicable to the first five IRS tiers from 1.25 to 3.5 percentage points.
This Friday the government approved a proposal with new rates, which are expressed in a reduction of 0.25 percentage points in the marginal rate of the 1st group, by 0.5 percentage points in the marginal rates of the 2nd, 3rd, 4th and 7th groups and by 0.75 percentage points. in the 5th bracket compared to the current Article 68 of the Tax Code.
In the 6th tier, the drop, as already mentioned, is 3 percentage points, and in the 8th tier – 1.25 percentage points.
Because the IRS is progressive, all income groups benefit from rate cuts at lower levels, with the impact being greater when, in addition to that effect, there is also a reduction in the corresponding marginal rate.
Author: Lusa
Source: CM Jornal
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