The Treasury will audit the new contribution system for self-employed workers

The Association of Self-Employed Workers (ATA) has put an end to the negotiation process for a new contribution system for the self-employed. The agreement will be taken to the Council of Ministers on Tuesday 27 July, and will be approved by means of a decree law to be subsequently processed in the Congress of Deputies as a bill.

One of the most important aspects, apart from the new contribution bases and rates, will be the way in which contributions will be regularised each financial year.  This regularisation will not come into effect until 2023.

According to the Ministry of Social Security, the regulation assigns a vital role to the Treasury in this regularisation and the databases of the Social Security and the Tax Agency will work hand in hand.  Bearing in mind that the new system is based on real income.

What changes will appear in 2023 in contributions for the self-employed?

The tax office has established a deduction for general expenses of 7 % for individual self-employed persons and 3 % for corporate self-employed persons.

In addition, a so-called reduced contribution of 80€ is envisaged for all those workers who start a self-employed activity and which will last for 12 months, extendable for another 12 months if the self-employed person’s income is lower than the SMI (Minimum Interprofessional Wage).

In 2023, the maximum amount of contributions for workers over 47 years of age will disappear. Taking into account that the condition will be that the income is in the correct contribution bracket.