Tax Advisory Spain: Government Announces New Measures to Increase September's Minimum Income

Tax Advisory: Minimum income includes improvements for more than 150,000 households that charge for it in the month of September

On September 8th, the Minister of Inclusion, Social Security and Migration made public the improvements in the processing of the minimum vital income (MVI). The purpose of these measures is to improve the benefits that will be received, on average, by some 150,000 households in the second half of September.

In view of this, the applicants for this benefit will have to comply with the following requirements:

  • They will be obliged to submit a request for confirmation that they are registered as unemployed.
  • They will have to substantiate the aforementioned requirement within X months.

On the other hand, the following citizens with the right to benefits must be taken into account:

  • Those who do not present it until December.
  • Those who have not yet been granted.

According to government sources, in both the first and second cases, "they will receive their monthly salaries retroactively from June at the time they are granted".
It is worth noting that, to date, a total of 85,000 Spanish families have benefited from the Minimum Vital Income (MVI) approved in May. In addition, some 900,000 files are being processed by the Social Security.

Finally, it is recommended that beneficiaries do not submit such applications in duplicate as this would attack the entire procedure.

B Law & Tax
International Tax & Legal Advisors.

“En B LAW&TAX somos especialistas en asesoramiento fiscal internacional tanto a empresas como para particulares. Si desea ampliar la presente información, estaremos encantados de poder atenderle en el 917817194 o en Esta dirección de correo electrónico está siendo protegida contra los robots de spam. Necesita tener JavaScript habilitado para poder verlo.

Etiquetas: COVID-19, tax advisor Spain, tax advisor Madrid, Government of Spain, September, minimum income