Every person who receives a salary equal to or less than the SMI will not pay. The obligation to explain for this tax has the mere limit of 20,000 euros per year gross working revenues.
The provincial council of Bizkaia submits from Tuesday to hearing and public information in the portal of participatory processes when elaborating the regulations of the Web Foral, the new retention table in IRPF, with securities on 1 July 2025. It is a regional decree with which the retention percentages are modified for the IRPF returns.
Similarly, it introduces some other changes to the regulation of the income tax of the people, after the approval of the 2/2025 Foral Standard, of April 9, which approves measures for the tax assessment of the tax system of the historic territory of Bizkaia.
As reported by the Foral Institution, this regional standard changes in its chapter V dedicated to the progressiveness and redistribution of wealth, for exercise 2025 the bonus of personal work in the IRPF, in such a way that every person who perceives a salary is equal to or less than the minimum interpessional salary, the tax on the tax.
This is supplemented by the establishment of the obligation to declare this tax with the mere limit of 20,000 euros per year of gross workers, whereby the limit of the 1600 euros per year for gross return yields and assets is maintained, including the exempt cases in both cases.
These changes require the approval of a new retention percentage table that applies to revenues derived from personal work that will be applied on 1 July 2025.
Source: EITB
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