In today’s BOE, the Ministry of Finance has published an update of the compensation for mileage expenses for those who use a vehicle in their work. The compensation will increase immediately from €0.19 to €0.26 per kilometer, which represents an increase of almost 37%. This compensation includes fuel, vehicle wear and tear and possible breakdowns,… Continue reading Tax advisor: Treasury raises the exemption for travel expenses to 0.26 euros/km in the Personal Income Tax
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