The passage to retirement does not imply the end of the tax obligations of citizens. Quite the contrary: when they begin to receive a retirement pension, they continue to be taxed by the Personal Income Tax, which considers these benefits as a full return on work.
Thus, pensioners will suffer withholdings in the pensions paid by Social Security month after month as long as they do not receive any of the benefits that are . These withholdings depend on two factors: the amount of the retirement pension and the personal situation of the taxpayer.
With regard to the amount of pensions, the minimum withholding system corresponds to a scheme of brackets by which the pensioner pays more taxes as his retirement pension is higher. The tranches for 2022 are as follows:
-Amounts up to 12,000 euros per year are subject to a minimum withholding of less than 1%.
-Amounts between 12,001 and 18,000 euros are subject to a minimum withholding of 2.81%.
-Amounts between 18,001 and 24,000 euros are subject to a minimum withholding of 8.69%.
-Amounts between 24,001 and 30,000 euros are subject to a minimum withholding of 11.83%.
-Amounts from 30,001 euros per year are subject to a minimum withholding of 15.59%.
In parallel, the Tax Agency takes into account the personal situation of the taxpayer to establish their final withholdings. This will depend on multiple variables such as the age of the taxpayer, if they have some degree of disability or their family situation (if they are single or married, with minor or older children with disabilities, if their spouse has more or less than 1,500 euros per year. ..).
The body has a simulator on its website with which the taxpayer can approximate the withholding that will be made on his pension. To do this, fill in the necessary fields and explain that your employment status is ‘Social Security Pensioner or passive classes’.
How to change the income tax of a retirement pension
If, for whatever reason, the pensioner is not satisfied with his personal income tax withholding, he can always request an increase in this withholding at the Social Security service designated for this purpose and, without the need for a digital certificate () or Cl @go ().
This service, however, is only available to increase the personal income tax withholding or, failing that, recover the old withholding after having requested an increase in personal income tax.
Facebook Comments
Disqus