Close Menu
WTX News
    Facebook X (Twitter) Instagram
    Trending
    • Netflix to add ITV’s ‘riveting’ crime drama everyone is obsessed with
    • Brook brilliance can’t mask issues for brittle England batting
    • Better Clasico star: Real Madrid’s Mbappé or Barcelona’s Yamal
    • I won Bruce Forsyth’s final Strictly series – I want the same with Tess and Claudia
    • King Salman bin Abdulaziz Royal Reserve, a haven for migratory birds and endangered species
    Facebook X (Twitter) Instagram YouTube
    WTX News
    • Live News
      • US News
      • EU News
      • UK News
      • Politics
      • COVID-19
      • Business
      • Tech zone
    • World news
      • Middle East News
        • UAE News
        • Palestine News
      • Europe
        • Italian News
        • Spanish News
      • Africa news
      • South America
      • North America
      • Asia
    • News Briefings
      • UK News Briefing
      • World News Briefing
      • Live Business News
    • Sports
      • Football News
      • Tennis
      • Women’s Football
    • MY World
      • Climate Change
      • In Review
      • Expose
      • Special Reports
        • Conscience Convoy
        • Rohingya Report
    • Entertainment
      • Insta Talk
      • Royal Family
      • Gaming News
      • TV Shows
      • Streaming
    • Lifestyle
      • Fitness
      • Fashion
      • Cooking recipes
      • Luxury
      • Money Saving Expert
    • Travel
      • Culture
      • Holidays
    • Sign Up
      • Log In
    WTX News
    • Live News
    • World news
    • News Briefings
    • Sports
    • MY World
    • Entertainment
    • Lifestyle
    • Travel
    • Sign Up
    Home - Business - The Government approves this Monday the energy tax and the transport bonus
    Business Updated:December 23, 2024

    The Government approves this Monday the energy tax and the transport bonus

    By Olga Winter - EU Newsdesk5 Mins Read
    Facebook Twitter LinkedIn Email Telegram WhatsApp
    The Government approves this Monday the energy tax and the transport bonus

    The Spanish Government holds the last Council of Ministers of the year, on Monday, in which it is expected to approve a battery of economic measures, from the extension of the tax on large energy companies for 2025 to the extension of transport bonuses or the increase in pensions.

    This Monday a royal decree law will be approved with the extension of the tax on large energy companies to 2025, a commitment of the Government with its partners -ERC, Bildu and BNG- that everything indicates that it will not achieve the endorsement of Congress given the opposition of PNV and Together.

    In fact, after the repeal of the tax this week – with the votes of PP, Junts, PNV and Vox – the Government will have to approve it again instead of extending it as planned.

    On the other hand, at the moment the approval of the increase in diesel taxation to bring it into line with that of gasoline has not been confirmed, something that the Government intends to do in an independent royal decree law that it is still negotiating with its partners.

    Public transport bonus

    As announced by the leader of Podemos, Ione Belarra, this Monday the maintenance of public transport aid that has been in force since September 2022 will also be approved during the first half of 2025, thus continuing to provide free Renfe passes. for Cercanías, Rodalies and the conventional Middle Distance for six more months.

    Likewise, the current discounts for some railway lines and the free bus lines under the jurisdiction of the State for recurring travelers will be maintained, as will transport passes in the Canary Islands and the Balearic Islands, and direct aid to promote the reduction of, at least, 50% of the price of multi-trip passes and tickets for urban and interurban collective transport.

    The Government subsidises the 30% reduction in transport to the autonomous communities and local entities that commit to implementing and complementing the discounts so that, at a minimum, the price of the land transport services under their jurisdiction is reduced by half to regular travelers.

    Suspension of evictions

    Belarra also announced that the suspension of evictions of vulnerable groups will be extended for one year, until 2025, a measure implemented in 2020 due to the pandemic.

    But it is not confirmed that the guarantee of water and energy supply to vulnerable consumers will be extended, nor that the schedule for the progressive reduction of the social electricity bonus will be modified, which, if maintained in its current terms, would be at July 2025 at 35% for vulnerable consumers and 50% for severely vulnerable.

    Budget Extension

    Spanish news is dominated by budget extension. This is no different, another of the measures that the Council of Ministers will approve is the royal decree law on budget extension, with which some elements of the 2023 accounts will be adjusted – which are the ones that are currently in force, since those for 2024 were never approved – to adapt them to the next exercise.

    The budget extension is automatic when it reaches January 1 without approved accounts, but normally it is necessary to make some adjustments, which can range from technical issues – for example, to eliminate the allocation of a work that has already been done – to others. more politicians.

    In the case of the extension of the 2023 accounts to 2025, the salary increase for public employees, which is expected to begin negotiating in January, is ruled out.

    Pension increase of 2.8%

    The revaluation of pensions is also usually approved before the end of the year, which by 2025 will be 2.8%, an increase that was calculated with inflation data between December 2023 and November 2024 and that will be applied to contributory pensions. and to those of the passive classes.

    Social Security has not yet detailed how much the minimum and non-contributory pensions will increase, which, according to the latest pension reform, must increase more than the rest. The increase in the minimum vital income (IMV) is also pending.

    Likewise, the current interprofessional minimum wage (SMI) must be extended pending the new amount that would be applied later with retroactive effects from January 1.

    Aid for the purchase of electric vehicles

    Also up in the air is the continuity of aid for the purchase of electric vehicles and the installation of charging infrastructure, the so-called Moves III Plan, which in its current terms ends on December 31.

    From the vehicle manufacturers’ association, Anfac, they point out that the Executive would be working to continue the aid beyond the end of the year and also demand that the 15% reduction in personal income tax be extended for the acquisition of an electric vehicle, which ends December 31.

    On the other hand, it does not seem that the VAT reductions for basic foodstuffs or electricity will be extended beyond the end of the year, which has been normalized throughout the year with a system that allowed the rate to be lowered to 10 % when the wholesale price rose above 45 euros per megawatt hour (MWh).

    Business News Electric cars Spanish business news Taxation
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram WhatsApp
    Previous ArticleThe Whitebrook, Monmouth, secures top hygiene rating
    Next Article Gordon Ramsay takes wife to his own restaurant for wedding anniversary
    Olga Winter - EU Newsdesk
    • Facebook
    • X (Twitter)

    Olga Winter is a specialist editor writing about current affairs on the EU news desk for WTX News. Based in Brussels she ideally suited to the address the domestic and global affairs of the European continent, with assignments that include expose and In Review features for specialist reports..

    Related Posts

    Jimmy Fallon on What It Takes to Break Through
    Business Briefing

    Jimmy Fallon on What It Takes to Break Through

    Be bold with tax hikes or risk ‘groundhog day’, chancellor told as limited growth recorded
    UK News

    Be bold with tax hikes or risk ‘groundhog day’, chancellor told as limited growth recorded

    Food delivery drones could soon be roaming British skies
    Ireland

    Food delivery drones could soon be roaming British skies

    How a former singer turned Instagram page into a £17m business
    UK News

    How a former singer turned Instagram page into a £17m business

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Advertisment
    News Headlines

    King Salman bin Abdulaziz Royal Reserve, a haven for migratory birds and endangered species

    Saudi Arabia attends forest management talks in Istanbul

    Saudi Arabia attends forest management talks in Istanbul

    Save 70% on VIP subscription
    News Briefings - the way to a better life
    News Briefings - the way to a better life
    Advert by Sponsors
    More from WTX News
    The latest gaming news - with game reviews and tips and tricks. updated 24 hours a day.
    The latest gaming news
    Hot off the press!
    • Netflix to add ITV’s ‘riveting’ crime drama everyone is obsessed with October 26, 2025
    • Brook brilliance can’t mask issues for brittle England batting October 26, 2025
    • Better Clasico star: Real Madrid’s Mbappé or Barcelona’s Yamal October 26, 2025
    • I won Bruce Forsyth’s final Strictly series – I want the same with Tess and Claudia October 26, 2025
    • King Salman bin Abdulaziz Royal Reserve, a haven for migratory birds and endangered species October 26, 2025
    WTX News latest breaking news sports and travel
    Latest News and analysis - Deciphering through the BS with exclusive News Briefings
    Facebook X (Twitter) TikTok Instagram

    News

    • World News
    • UK News
    • US News
    • EU News
    • Business
    • Opinions
    • News Briefing
    • Live News

    Company

    • About WTX News
    • Register
    • Advertising
    • Work with us
    • Contact
    • Community
    • GDPR Policy
    • Privacy

    Services

    • Fitness for free
    • Insta Talk
    • How to guides
    • Climate Change
    • In Review
    • Expose
    • NEWS SUMMARY
    • Money Saving Expert

    News delivered to your inbox

    Copyright WTX News 2025

    • Privacy Policy
    • Terms

    Type above and press Enter to search. Press Esc to cancel.