The following statutory interest rates will apply throughout 2013 and will apply in 2012:
Legal interest rate for money for 2013: 4%
Tax late payment interest rate for 2013: 5%
These interest rates are used as a calculation basis for all those transactions that accrue interest set by law or that take the legal interest rate as a reference.
In the case of tax late payment interest, this is the interest pharmacies email list that the tax administration will apply in all instances to calculate interest on debts with the administration. At this point, for 2013, we have an important change in the matter of deferrals to Social Security, given that the interest rate for deferrals without guarantee is increased by two points over the established scales.
In addition, the Ministry of Economy also sets the legal interest rate for late payment for commercial transactions on a semi-annual basis . For the first half of 2013, this interest rate for commercial late payment has been set at 8%. This interest rate is applied as a penalty for commercial late payment between companies and individuals.
The Interprofessional Minimum Wage (SMI) in 2013
For 2013, the minimum interprofessional wage is set at 645.30 euros per month , or 21.51 euros per day, but may not be lower than 9,034.20 euros on an annual basis. This indicator has been updated by 0.6% compared to 2012.
The SMI is used as a reference base for salaries in certain collective agreements, as a minimum salary calculation for those training or internship contracts that are referenced to this indicator and for the calculation of income levels for the purposes of public benefits.
