June 14, 2021

Montero says that the rise of the maximum contribution base is a non-final draft

Montero says that the rise of the maximum contribution base is a non-final draft

The Minister of Finance, María Jesús Montero, assured today that the increase in the maximum contribution bases announced by the president of the Independent Authority of Fiscal Responsibility (AIReF) is a working document that does not have a "Government decision" and that it's not definitive.

Speaking at the Congress after the control session to the Government, Montero has indicated that he does not know what the president of the AIReF, José Luis Escrivá, was referring to, when he assured the Executive's intention to raise the maximum contribution bases between a 10 and a 12% in 2019.

He pointed out that AIReF, before submitting its conclusions on the Government's budget plan sent to Brussels, has had "exhaustive" access to "drafts of work, which have not been decided by the Government and have not even been referred to Brussels".

Montero stressed that this has been the case so that the Independent Authority knows which are the main lines in which the Government works, in this case the Ministry of Labor in relation to the contributions.

"I would not say there is any surprise, I would say that AIReF has accessed all the working documents and has seen how the collection is behaving through drafts in which they are working with the different groups," he said.

The minister highlighted the exhaustive work done by this body and the "exhaustive" that is also the budget plan and has recalled the "transparency" of the Government in offering all this information to AIReF.

He also stressed that the entity's conclusions have said for the first time that Budgets are feasible and possible.

Escrivá said during his recent appearance in Congress that the Government had transmitted that the maximum contribution bases will rise between 10 and 12% in 2019, which would be between 1,000 and 1,100 million euros more revenue.

The president of AIReF explained that it was an additional measure, which was only formulated in generic terms in the plan sent to Brussels and that the Authority had added it to its report because it had been accredited by the Government to AIReF in writing and "We have seen the basic calculations that support that decision."


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