Entities often have to reimburse certain expenses for relocation and maintenance to volunteers or workers. Allowances, however, are subject to taxation based on certain limits and have tax implications. Order HFP/792/2023, of 12 July, has modified the amount of allowances and allocations for locomotion expenses in Personal Income Tax (IRPF). From now on, the new regulations increase from €0.19 to €0.26 the amount to be compensated for each kilometre that the worker performs as part of their professional activity. We explain the most important considerations regarding the payment of allowances. In case of doubt you can contact…
Mileage price increases due to travel expenses
05/09/2023 | Resources for entities