Until the final approval of the State Budget, at the end of November, there will still be many new developments. But it is already possible to know beforehand some of its general lines.

FAMILIES

Families with dependent children are the big tax beneficiaries. Tax savings naturally depend on the composition of the household, the number of children and their age. But, on average, in the space of 10 years, the value of allowances in families with dependent dependents tripled. In 2019 (the last year for which statistics are available), the State spent €999 million on deductions for the collection of children, a figure that in 2009 was only €340 million. Translated into kids, this means that a family now saves €797 just through their children, when 10 years ago they saved €250.

This is an article from the weekly Expresso. Click ON HERE to continue reading.

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