Popular Party and Vox have reached an agreement to reduce the Property Transfer Tax progressively from the current 8% to 7% in three consecutive budget years. The first decrease will begin in 2025, when it will go to 7.75%; In 2026 it will be 7.50% and in 2027, it will be 7%.
In this way, both parties are advancing in compliance with point 21 of the programmatic agreement signed on September 5, in which they committed to “seek” a general reduction in the general tax rate of the Property Transfer Tax (ITP) and to expand its bonus in the case of the purchase of a habitual residence. The idea embodied in that agreement was to reduce it to favor young people and large families.
In addition, the two formations of the coalition Government “commit” to reduce the aggravated rate of the Documented Legal Acts Tax for transfers subject to VAT, which will go from 2% paid today to 1.5% as of entry into validity of the Regional Budget Law of 2025, that is, within a year. The agreement reached speaks of seeking “a generalized reduction in subsequent years based on criteria of budgetary stability.”
The agreement to approve the 2024 Regional Budget Law project was signed this Wednesday in the Regional Assembly by the parliamentary spokespersons of the PP, Joaquín Segado, and of Vox, Rubén Martínez Alpañez. In this document they also commit to not present partial amendments in the processing process, which begins this Thursday in the Chamber, except for agreed exceptions, so the Accounts of the Autonomous Community for the next year may be approved on the 28th. from December.
With the agreement to reduce the ITP in the Region, Murcia continues working towards maintaining itself as one of the communities with the lowest tax burden, the sixth in the country, as explained this Tuesday by the Minister of Economy, Finance and Business, Luis Alberto Marín .
Reductions for unions and employers also in 2026
The 2024 budget agreement, signed this Wednesday between PP and Vox, includes seven points. The first of them seals Vox’s support for the budget project that has come out of the Government Council. Points two and three refer to the reduction of the Property Transfer Tax and the commitment to reduce the Documented Legal Acts Tax in 2025.
Fourthly, both parties agree to reduce the regional government’s contributions to business and union organizations by 25% in 2024 and make a similar reduction of another 25% in 2026, in the third year of the legislature. In addition, they “commit” to continue working on the modification of the Law of Institutional Participation because Vox’s purpose is to reduce subsidies to social agents as much as possible.
In this regard, from UGT its general secretary Antonio Jiménez, assures that “the reduction of compensation to social agents does not endanger union organizations, it endangers social dialogue and what is built with it: democracy, consensual solutions, effectiveness politics, balance and social justice»
In Jiménez’s opinion, the promoters of the cuts know it. «Let’s not fool ourselves, their objective to beat is not the union organizations, because, even if they wanted to, we are there in that article 7 of our Constitution, which recognizes and places at the highest level our contribution to the promotion and defense of working people, but what union organizations have achieved, are achieving and will continue to achieve: labor rights, safety and health at work, rights and services for unemployed people, foreigners, people at risk of exclusion or with disabilities, collective agreements, quality public services , pensions and decent wages, in short, equality, freedom and social justice,” he noted.
Investments in Social Policy
Regarding Social Policy, PP-Vox include two points (5 and 7) in the agreement. In this way, they show their intention to create a Family Support Observatory (at no financial cost) and announce that they will increase the amounts for large families and multiple births until they reach the figure of one million euros, although in this case they are not set. deadlines. Likewise, they allocate 100,000 euros to the fight “against all violence in the home.”
Finally, PP and Vox agree to establish a budget item for the defense of the Spanish nation. According to Segado, it will have one hundred thousand euros, it has no specific purposes yet and is of a “symbolic nature.”
Savings of 225 million in Inheritances and Donations
Until August 30 of this year, 22,714 taxpayers in the Region saved 225 million in the Inheritance and Donation tax. In this year, the bonuses have reached a thousand more people than in the same period in 2022 and 29.3 million less were paid. With the 99% bonus that the Community applies to parents, children, spouses, brothers, nephews and uncles of the deceased person, taxpayers pay a symbolic amount for what they receive.
President Fernando López Miras announced at the end of 2022 that he would eliminate the Wealth tax in 2023 in the Region because it is “an anachronistic tax.” In 2022 (latest data available) the number of taxpayers decreased in the Region (4,377) compared to 2021 (4,568). However, collection increased from 28.08 million (2021) to 28.25 million last year.
Vox spokesperson Rubén Martínez Alpañez sees a similar effect as feasible with the new tax reduction. He referred in the Assembly to the possibility of tripling income by increasing the number of operations of this nature.
Vox wants a “new” Mar Menor law in six months
Vox’s parliamentary spokesperson, Rubén Martínez Alpañez, announced this Wednesday in the Assembly that they will work to present the text of the “new” law for the protection of the Mar Menor in the first half of 2024. And he advanced that his party is considering scientific studies that would show that agricultural and livestock activity in the municipality of Fuente Álamo does not affect the environmental situation of the lagoon, which is why they are in favor of excluding that municipality from the restrictions and special measures. which contemplates said norm approved in July 2020. According to Martínez Alpañez, “it makes no sense that Fuente Álamo” is affected by that law and all of this “is generating harm to the ranchers and all the economic activity” of the municipality. He concluded that the modification they are preparing will serve to “protect more” the Mar Menor and “put more rationality” in the different uses throughout its catchment basin.
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