Self-employed in Spain
The new quotas for the self-employed in Spain from 2023 to 2031 are undoubtedly causing a stir. Although they are still being processed and there is time for them to be improved and adapted, they should not go unnoticed. If you are self-employed or an entrepreneur, this article will be of great use to you.
What are the new quotas for the self-employed?
The current €294 minimum fixed contribution will be part of a progressive system of 13 tranches depending on the income received. This program will be implemented as of 2023, so that by 2031 the contribution will vary between €184 and €1,297.
As you will see, the new quotas can be described in a few words, but this is only a rough outline, so read on to learn more about the advantages and disadvantages involved.
Advantages of the new quotas for the self-employed
If you are self-employed, you will be interested to know the advantages and disadvantages of implementing the collection of these new fees.
A fair progressive system.
In short, whoever earns more, pays more. For years, the Spanish government has been evaluating the possibility of adjusting the self-employed quota to their real income, since it makes no sense for a self-employed person who earns 500 € to pay the same quota as one who earns 4,000 €.
Improve the social protection of the self-employed.
The average pension of the self-employed is 59.4% of that received by salaried workers and sick leave benefits are much lower.
This is because 85% of the self-employed contribute at the minimum rate and, although the option to contribute more exists, they do not take it. Therefore, the increase seems logical.
Sustainability of the pension system.
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