Check the useful thing that it results its investment
It knew that contributions to Pension Plans can suppose him a fiscal saving out of 23% and 43%?
a. Taxation of the contributions
Contributions that it carries out to its pension plan are reduced directly in the general part of the basis of assessment, until the minor of following limits: 10,000 euros or 30% of the sum of net yields of the work and of perceived economic activities during the financial year. For people over 50 years old, these limits will be 12,500 euros ó 50%.
Transitional arrangement: this limit will not be from application to the amounts contributed before 01/01/2007 that pending reduction are found in BI for insufficiency of the same.
In addition, those shareholders that receive contributions of its company in a Pension Plan of the System of Employment, also will be able to reduce in the general basis of assessment of the Tax their amount, with the joint limits set by the regulations according to the age.
If its spouse does not obtain payable incomes in the general part of the basis of assessment or it obtains them in amount lower than 8,000 euros, will be able to reduce in the basis of assessment made contributions to Pension Plans of which its spouse is shareholder, with the maximum limit of 2,000 euros a year.
Las annual contributions will be reduced made by the disabled shareholders (with a physical degree of disability or sensory equal to or more than el 65 per cent, mental equal to or more than el 33 per cent, as well as los disabled people that have a legally declared disability, regardless of its degree), with the limit of 24,250 euros a year. If several people carry out contributions to the plan of the disabled person (the holder and its relatives, in a straight line or collateral until the third degree inclusive, as well as the spouse or those that they were in charge of them in guardianship or fostering regime), will be reduced, in the first place, the contributions made by the disabled person, and only if the same did not reach the limit of 24,250 special euros, will be able to be object of reduction the contributions made by third parties to its favour, in a proportional way.
The set of one previous reductions will not be able to originate a negative general tax basis. Contributions that they have not been object of reduction in the tax for this reason, will be able to be reduced in the five following tax years.
b. Taxation of the provisions
When it comes to generated provisions for a Pension Plan, have the fiscal earned incomes consideration, being subjected tributariamente to the PERSONAL INCOME TAX.
In the shape of capital:
They do not originate reduction.
Transitional arrangement: for the provisions derived from contingencies happened before 01/01/2007 and the happened later than 01/01/2007, for the part corresponding to contributions prior to 31/12/2006, payees will be able to apply the reduction considered in the article 17 of the Act of the PERSONAL INCOME TAX in force to 31/12/2006. With general character, if the provision is received in the shape of capital a reduction of 40% will be applied on the consolidated right if the first contribution has a longevity of 2 years at least since was completed to date of the contingency
In the shape of income:
They do not originate reduction.
Exemption until a maximum de 3 times the PUBLIC INDICATOR OF MULTIPLE EFFECT INCOME in the event of disabled people.