SICAV: A complex tax reform

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August CPI

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Deficit, tax increases and wage cuts

It seems clear that we must raise taxes on high incomes … high? … As is the deficit, if you want out of the crisis and make the adjustments necessary to reach the 3% set in 2012, the tax increases must be equally high incomes, low and medium.

Under the heading of social policy as the idea is to reduce the public deficit is, therefore, we must curb the imbalance between revenue and expenditure, raising taxes and making pay cuts. Read the rest of this entry »

Tags: deficit, increases impuetos, wage cuts

What is IRPH?

Therefore we have focused on the Euribor, its evolution and downward trend that we have forgotten that in the mortgage market there are three other benchmarks.

Within these indices is the IRPH, acronyms known to the benchmark mortgage loans.

But … what is the IRPH?

The benchmark index of mortgage loans is a percentage calculated by financial institutions to update the interest rates on mortgage loans granting variables. Read the rest of this entry »

Tags: IRPH, IRPH calculation, which is the IRPH

Unemployment and September

August 26, 2009, no month has ended and all the media news embody one of those complicated.

Constant and increasing unemployment, there is no green shoots in the labor market.

Expected 4.6 million unemployed in the month of September. Six out of ten employees expect layoffs in their companies, after the cuts in social benefits, meal checks, private insurance, mobile, dining and credit cards, they will be layoffs.

In a survey conducted by Adecco, the results reported over 39.9% of employees are unwilling to give up some ground to prevent the dismissal of a partner, while 37.8% if it is.

Although the data for 85% of respondents are shown tolerant of stress and anxiety that exists in the workplace and ensures that the crisis is leading to increased productivity.

56% of respondents think the outcome of the crisis is still far off in time and are concerned about the consequences of unemployment.

The data indicate that we have been hearing warnings from the Bank of Spain, the European Central Bank is almost a reality.

We have known the intention to make tax increases to improve the economy, the Nissan ERE in Barcelona that will not employ more than 2,000 people, entry into the red of the NH hotel chain in Spain and the multitude of mergers ads in the financial system that will leave more than 75,000 people unemployed. Read the rest of this entry »

Tags: crisis, productivity, September, Tags: green shoots, unemployment

SMEs: the key to avoid bankruptcy

That speaks to the autonomous sales sotck accumulation, lack of liquidity, unpaid invoices, lack of access to credit, talked to the SMEs and the self of the fall in consumption, the insurance credit, defaults.

According to the chambers of commerce for 95% of SMEs charge late and critici in situations arising from late payment.

But … which on the keys to prevent the bankruptcy of our business? Read the rest of this entry »

Tags: dafo, SMEs, social networking, Tags: keys to avoid bankruptcy, technology

Deflation: A reality in Spain

The consumer price index, CPI, stood at the month of August in a -0.8% thus joining the 6 consecutive months of negative data.

This figure is an upward variation of about 6 tenths data for July.

Thus these six months of negative data, Spain comes into deflation, a fact that occurs when two quarters of data accumulating effects. Read the rest of this entry »

Tags: CPI, deflation, Spain, unemployment

Public Deficit

As the months the costs incurred by the state reveal a complex situation which will be difficult to recover.

A deficit of EUR 50 million representing 4.69%, compared to data from the previous year, 9.912 million euros us about the detriment suffered by the public accounts.

A result multiplied by five the state’s deficit. The unemployment crisis, aid and bank restructuring fund are responsible for this increase. Read the rest of this entry »

Tags: bank restructuring fund, delinquency, expenses, government deficit, income tax, unemployment, VAT

Crisis in Spain: How long?

Elapsed since the year 2007 as the government reported that the debt assumed by the families was not worrisome and that the country was growing at such a rapid pace that social classes would just emerge.

A few months later, in August, broke the major financial crisis and the government itself to Spain said that the crisis did not affect him. Read the rest of this entry »

Tags: crisis, economy., financial crisis, Spain, spending, taxes

Unemployment rose by 2.40% in August

85,000 people have lost their jobs during the month of August, breaking a trend that began three months ago.

One thing we have known of the labor employment secretariat informs us that after three months employment generating, Spain returns to job losses.

It seems more than obvious that the contracts made in May, June and July were responding to the coverage of the summer rather than a fact of economic recovery. Read the rest of this entry »

Tags: IBEX 35, job force, tourism, unemployed with no provision, unemployment