Useful to know

13-07-2015 Royal Decree-Act 9/2015, of 10 July, of urgent measures to reduce the tax burden borne by payers of Personal Income Tax and other economic measures.

Royal Decree-Act 9/2015 has been published in the Official State Gazette of July 11, covering certain tax modifications in Act 35/2006 on Personal Income Tax, including the establishment of a new general state scale and savings, applicable from 1 January 2015, and a new letter, 'y)' is implemented in article 7, declaring the specific financial assistance and aid established by the Autonomous Communities and Local Bodies as exempt.

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