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The president of the Generalitat, Ximo Puig, announced today some of the measures that will include the Valencian tax reform, which will have retroactive effect from 1 January 2022. These include a 10% increase in “all tax deductions and bonuses”.
It won’t be the only one, having also confirmed a new regional IRPF rate for 2022, with inflation-adjusted tranches that will benefit “the majority of society”. ” Our perspective is clear: no fiscal populism,” the leader said.
In addition, he has confirmed that in the Valencian Community the wealth tax will be maintained because “only 0.5% of Valencians ” are affected by it.
Written by: BayRadio News
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