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February 4, 2014

Tax reduction in 2015

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The president of the Government of Spain Mariano Rajoy made an official speech in the Spanish Parliament, which passed with a very optimistic mood. In his speech, Mariano Rajoy spoke about the upcoming course of the economy and the country's policy for the coming years.

The main themes of the speech of the head of state became – the new tax reform proposed by the Tax Minister of the country, the population and the availability of educational grants Erasmus, very popular among the Spanish and European youth.

Mariano Rajoy assured reporters in his speech that since 2015 the government plans to reduce tax rates in the country. Such a reduction will progressive and designed for several years. Head of the government did not specify precisely which taxes are meant, but at the same time, the minister of the tax administration in Spain Cristobal Montoro said that the increase in VAT rate currently is not even considered by the government, and praised the transparency of the new tax reforms that the government will soon take in fact, before the summer 2014. This reform affects also the method of financing of autonomous regions of Spain, the minister said.

In addition, Mariano Rajoy analyzed the current economic situation in the country and noted that “holding reform and application of policies are beginning to give the long-awaited fruit”. “The economy has already started to rise and is now important to continue in the same direction and be optimistic ” – described the head of the government the fruits of his political activity during the reign of Spain. The main positive result was called the gradual decline in the number of unemployed in Spain, which has reached unprecedented heights. “Now it is important to continue in the same direction that we are going to do” – Mariano Rajoy assured all those present at the press conference.

The prime minister also assured all interested in the topic of educational scholarships Erasmus, already received or requested by students, that the program will continue and will receive the necessary funding from the state and the European budget. In fact, the European Union has approved additional funding for this important program, which is designed to 2020 and includes 14.000 million euros.

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