This is how the income statement after the rise in the minimum wage affects you.

The Minimum Interprofessional Wage (SMI) rose again this year to reach 1,184 euros, assuming an increase of 4.4%. Finally, after a long debate in the Executive, between Yolanda Díaz, Minister of Labour, and María Jesús Montero, Minister of Finance, on 28 March it was agreed that workers who receive the minimum wage do not pay in the IRPF of 2025, without committing to do so also in 2026.Although at first, Hacienda refused to raise the minimum ex…