How are these aids to buy a car taxed?

 Despite the economic advantages that these grants can mean for those who want to acquire a new vehicle, you must bear in mind that these grants are not part of the income exempt from Personal Income Tax (IRPF), so, perceive them, you must include that amount in your income statement and pay the amount that corresponds to you based on your income.

In this way, the highest incomes could have to pay up to 48% of the total aid granted , while the lowest should pay 19%. This is because these types of subsidies are considered capital gains not derived from the transfer of assets . Which means that, in practice, this income is added to the rest of the salaries and income that make up the general income tax base. However, this tax burden only applies to direct aid Free cars granted by the Government, so it does not apply to the discount that manufacturers must apply.

Likewise, if you apply for the Moves Plan, you should bear in mind that, depending on the amount received, you could be forced to file an income tax return, since the State will be considered a second payer. In this sense, all aid that exceeds 1,000 euros will oblige its beneficiaries to present the declaration.

Comments

Popular posts from this blog

Balance, Lubricate the Rollers

key digital marketing trends for 2022

Processor and RAM