{"id":6017,"date":"2023-01-27T09:13:33","date_gmt":"2023-01-27T08:13:33","guid":{"rendered":"https:\/\/www.augelegalfiscal.com\/approval-of-the-increase-in-salaries-and-rents\/"},"modified":"2024-02-22T11:54:37","modified_gmt":"2024-02-22T10:54:37","slug":"approval-of-the-increase-in-salaries-and-rents","status":"publish","type":"post","link":"https:\/\/www.augelegalfiscal.com\/en\/approval-of-the-increase-in-salaries-and-rents\/","title":{"rendered":"Approval of the increase in salaries and rents"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"6017\" class=\"elementor elementor-6017 elementor-5998\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-224d12c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"224d12c\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-489ca9d3\" data-id=\"489ca9d3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-62809e26 elementor-widget elementor-widget-heading\" data-id=\"62809e26\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #8f2b2f;color:#8f2b2f\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #8f2b2f;color:#8f2b2f\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.augelegalfiscal.com\/en\/approval-of-the-increase-in-salaries-and-rents\/#Approval_of_the_increase_in_salaries_and_rents\" >Approval of the increase in salaries and rents<\/a><\/li><\/ul><\/nav><\/div>\n<h1 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Approval_of_the_increase_in_salaries_and_rents\"><\/span>Approval of the increase in salaries and rents<span class=\"ez-toc-section-end\"><\/span><\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9e2183b elementor-widget elementor-widget-text-editor\" data-id=\"9e2183b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Currently the rents issue is a &#8220;boom&#8221; issue in the Principality, and if we compare it to the salary of citizens, most wonder: How will we pay the rent?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The new year begins with a minimum salary of 1,286 euros per month, with an increase of 7%, also an increase of up to 7% in Social Security retirement, widowhood and disability pensions below the minimum interprofessional salary , and solidarity pensions for the elderly and for people with disabilities.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Specifically, <\/span><span style=\"font-weight: 400;\">starting<\/span><span style=\"font-weight: 400;\"> from January 1, 2023, all employers defined in article 11 of Law 31\/2018, of December 6, on labor relations are obliged to increase, as a minimum, the salary of salaried persons who receive a gross fixed salary that, in annual calculation and for the ordinary legal working day, is less than or equal to 48,000 euros, according to the following formula:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If 14,414.40 \u2264 S \u2264 16,800\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">I=7.1<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If 16,800 &lt; S \u2264 48,000\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">I= [(-0&#8217;065S) + (3,276)]\/312<\/span><\/p>\n<p><span style=\"font-weight: 400;\">I: Percentage increase (%), and that configures the salary revaluation index<\/span><\/p>\n<p><span style=\"font-weight: 400;\">S: Gross fixed salary in annual calculation and ordinary legal hours<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2da8cc77 elementor-widget elementor-widget-text-editor\" data-id=\"2da8cc77\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">On the other hand, referring to the rents, between January 1 and December 31, 2023, the rents of the housing lease contracts for habitual and permanent residence are update<\/span><span style=\"font-weight: 400;\">d<\/span><span style=\"font-weight: 400;\">: in the case of expired contracts and those in a situation of tacit or forced extension from December 31, 2022 or before, it can be increased up to a maximum of 5%.<\/span><\/p>\n<p><b>* Not applicable if the parties have agreed to terminate the contract under the conditions provided in the Law on Protection Measures, Market Stimulus and Governance.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">In the case of contracts that have been in force for at least one year and therefore not extended: it can be increased up to a maximum of 2%.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The majority, upon seeing the approval of the increase in wages and rents by the General Council, opposed it since they saw it as contradictory for wages to rise due to the improvement in the purchasing power of citizens if rental prices also rose, that are already exorbitant. But the General Council refuses to limit the rent increase to 1.25%.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We find ourselves in a situation where many of our citizens have to leave the country, since the economic capacities are not enough to be able to pay for the apartment and assume all the expenses.<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f1f3103 elementor-widget elementor-widget-text-editor\" data-id=\"f1f3103\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">So to compensate this, there are other previously planned measures.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">First, measures to improve purchasing power such as:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; Enhance consumption capacity<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; Recover purchasing power<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; Promote savings and sustainability<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Also a help of \u20ac150 for heating payments. And others, like the increase in wages, the increase in the economic benefits of social services, a renewed special energy savings plan, free public transport, the reduction in the price of school transport, the flexibility of aid to studies and higher education, the refund partial fuel taxes for professionals and reduced VAT on basic necessities.<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b830b14 elementor-widget elementor-widget-text-editor\" data-id=\"b830b14\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Second, leasing measures:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Highlighting, the extension of rental contracts, the easing of requirements for rental aid, the emancipation program for young people, and the creation of the National Housing Institute.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In summary, currently we have not yet reached a point where wages and rental prices are equivalent, that is, we cannot yet say that citizens earning the minimum wage are financially able to currently pay rent.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But for this reason, many other <\/span><span style=\"font-weight: 400;\">efforts<\/span><span style=\"font-weight: 400;\">, that we have previously mentioned, are presented, in order to improve the purchasing power of our citizens, and we hope that in the future, everything will be improved, and we can all achieve economic stability.<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-679d3a01 elementor-widget elementor-widget-text-editor\" data-id=\"679d3a01\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b>The Management<\/b><\/p>\n<p><span style=\"color: #a22d58;\">Aug\u00e9 Legal &amp; Fiscal<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7bd9e55f elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"7bd9e55f\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Currently the rents issue is a &#8220;boom&#8221; issue in the Principality, and if we compare it to the salary of citizens, most wonder: How will we pay the rent? The new year begins with a minimum salary of 1,286 euros per month, with an increase of 7%, also an increase of up to 7% in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6001,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[100],"tags":[],"class_list":["post-6017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/posts\/6017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/comments?post=6017"}],"version-history":[{"count":2,"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/posts\/6017\/revisions"}],"predecessor-version":[{"id":10160,"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/posts\/6017\/revisions\/10160"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/media\/6001"}],"wp:attachment":[{"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/media?parent=6017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/categories?post=6017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/tags?post=6017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}