Wednesday, January 28, 2015

CES earned EUR 675 million in 2014 – Journal of Business – Portugal

CES earned EUR 675 million in 2014 – Journal of Business – Portugal

CES earned EUR 675 million in 2014

The Extraordinary Contribution Solidarity earned 675 million euros, 25% more than in 2013.

The rate on pensions created during the crisis rendered the government EUR 675 million in 2014, an increase of 25% compared to EUR 540 million 2013. The numbers are advanced by the Technical Unit of Budget Support (UTAO) providing support to Parliament and consist of evaluation classification of budget implementation by the end of 2014.

“In 2014, the Extraordinary Contribution of Solidarity (CES) earned 675 million euros, representing an increase of 25 % compared to the revenue earned in 2015, reaching a value higher than envisaged in OE2R / 2014 [Amending Budget 2014] (EUR 658 million). Contributing to this CES CGA (463 million euros as the revenue obtained in the field of social security (EUR 212 million reached the requirement of OE2R / 2014. “

The UTAO explains that the increase face revenue to 2013 “results in part of the recast of CES” in 2014 that has been applied to more than a thousand euros income (in 2013 income between 1,000 and 1,350 euros were exempt). In 2015 this recipe should download, since the CES spent only apply to pensions worth more than 4,611 euros.

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