The Bizkaia Treasury will return an average of 1,317 euros in its income statement
The Foral Treasury has advanced that the rent will go out in favor of the citizens and that 70% of the taxpayers will be refunded.
The Hacienda Foral de Bizkaia anticipates that this year's income campaign will remain in favour of taxpayers, with a return of EUR 634.9 millionafter receiving EUR 444.9 million, which leaves a positive net balance of EUR 190.1 million.
Finance MP Itxaso Berrojalbiz has explained that they expect to present about 683,000 statements , similar to previous years.
One of the most important data is that more than 70% of declarationsare returned , an average of EUR 1,317, which the Council considers to confirm the effect of tax deductions.
In addition, the Bizkaia Treasury has produced nearly 800,000 drafts , 74%of which are ready for direct confirmation, while the rest will have to be reviewed by taxpayers or provide additional data.
Tax deductions will again play a key role. In total, taxpayers will reduce their tax burden by EUR 777.5 million thanks to social benefits. The main deductions are to have children (EUR 163.5 million), disability or dependency (EUR 105 million) and over 65 years of age (EUR 82 million).
Housing remains another major axis, with a return of 225 million for investment in regular housingand 71 million for rent for more than 260,000 people.
New developments include new deductions for conciliation and equality , an increase of€1,500 for women returning to work after caring for their young children, incentives for entrepreneurs and deductions for family care.
The campaign has also strengthened support for young people byextending tax benefits to the age of 35.
Finally, along with the Income, the Treasury foresees 9,500 declarations of Wealth Tax and Great Fortunes with a collection of over 100 million.
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