By Anna Ellis •
Updated: 25 Jul 2022 • 19:15
EXPLAINER: Spain's new rules for self-employed workers commence in 2023. Image: Gustavo Frazao/Shutterstock.com
For newly self-employed and self-employed workers under 35 years of age the new flat rates of autonomo payments are:
The flat rate for the self-employed is a measure to promote self-employment that consists of paying a reduced monthly Social Security contribution as a self-employed person for two years.
It is a very attractive rebate that greatly reduces the cost of registering as self-employed for the first time and has since helped more than one million new self-employed people to take their first steps.
After 10 long months of negotiations, Escriva has signed a pact with self-employed associations and trade unions for the reform.
Jose Luis Escriva Belmonte is a Spanish economist currently serving as minister of Inclusion, Social Security and Migration within the Second Cabinet of Pedro Sanchez.
According to trade union sources, Escriva has signed a pact with self-employed associations and trade unions for the reform of the RETA, the Special Regime for Self-Employed Workers, which sets the contributions of self-employed workers for the next three years.
It can be summarised as follows: from the current minimum fixed payment of €294, a progressive system of 13 instalments, depending on income, will be introduced over 9 years.
This means that in 2031 the self-employed payments could vary between €184 and €1,267 euros depending on the amount of income.
Below is a table showing how the contributions will vary depending on the amount of income:
Amount earned €
600 – 900
900 – 1.125,90
1.25,90 – 1.300
1.300 – 1.500
1.500 – 1.700
1.700 – 1.900
1.900 – 2.330
2.330 – 2.760
2.760 – 3.190
3.190 – 3.620
3.620 – 4.050
However, the Ministry points out that there are still some details to be worked out before the agreement can be finalised.
Here are a couple of pros and cons to the reform:-
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Originally from Derbyshire, Anna has lived in the middle of nowhere on the Costa Blanca for 19 years. She is passionate about her animal family including four dogs and four horses, musicals and cooking.
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