Starting January 2016, Tax and Social Security legal changes have been published affecting Global Payroll Spain:
1) New Social Security upper ceiling, maximum and minimum bases amounts and contribution rates for training contracts.
2) Statutory rates for 2016 like SMI have been modified.
3) Changes apply to the taxes calculation (IRPF and IRNR)
4) New Layout of Model 111 to be used for 2016 tax reporting
The Position Statement has been revised to include more details about these legislative updates, the patch availability and pre-requisites. It also contains information about other legislative changes that are under development. We advise customers to review the position statement to keep up-to-date. The Position Statement can be found on My Oracle Support
, Document ID 1520058.1.