The minimum wage interprofesional of 2024 grows by 5%

In the date of today, has been published in the Official Bulletin of the State by Royal Decree 145/2024, 6 February, by which he fixed the Minimum Wage (minimum wage) for this 2024.

With effect from 1 January 2024, the minimum wage is set to 1.134 euros for 14 payments, that is to say, 15.876 euros per year, an increase of 5% compared to the minimum wage set for 2023.

As this increase in minimum wage has retroactive to January 1, 2024, during the month of February will need to be effective, all those workers who are on minimum wage, the differences of wages arising out of the month January.

In the date of today, has also been published in the Official Bulletin of the State by Royal Decree 142/2024, 6 February, in which amends the regulations of the Tax on the Income of Individuals, with the aim that, due to the increase of 5% of the national Minimum Wage for this 2024, the workers who perceive this salary or a d’ bottom should not have to endure any type of withholding or payment on account.

Download our circular for more information and get in contact with us if you have any doubt in that respect.

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