The minimum interprofessional salary (SMI): Is it gross or net?

The minimum interprofessional salary (SMI): Is it gross or net?

The Ministry of Labor has reached an agreement with the unions, which not with the employer, to Upload the minimum interprofessional salary (SMI) in 2025 to 1,184 euros In 14 payments or 1,381.33 euros, if it is distributed in 12 payments (With extra -sided payments). This is equivalent to a rise of 50 euros per month and to keep in mind is that it will be approved retroactively since January 1, 2025.

But is the SMI announced gross or net? The answer is simple, the minimum wage always It refers to gross euros, so that the corresponding retentions should be taken to the amount. The gross annual salary is 16,576 euros full -time.

How much does the net salary stay?

Now, what really interests workers, is how much the net salary remains. That is, the one who arrives at the account at the end of the month. The answer is not unique and can depend on the situation of each worker. In addition, there is an important variable that is still in the air: the Income Tax of natural persons (IRPF).

Despite the agreement, It is still unknown if the SMI will be exempt from taxation in the IRPF. Yolanda Díaz has insisted that the position of his ministry again is that he should be exempt, just as he has been in the previous years; However, it is a competence of the Ministry of Finance. In recent years, provided that the Ministry of Labor has agreed to an ascent of the SMI, the Treasury has adjusted the IRPF to raise the minimum exempt from which taxes are paid.

If Hacienda decides that the SMI is not exempt, according to the calculations of the Registry of Fiscal Advisory Economists (Reaf), the beneficiaries will pay retentions 42% of the increase.

If IRPF is exempt, how much would it go in taxes?

Although the minimum salary will be exempt from IRPF, part of the gross salary is destined to cover social security contributions. For this 2025 they are the following (to take into account the ones that the worker pays):

  • Common contingencies: The company pays 23.60% and the worker 4.70%.
  • Unemployment (indefinite contracts): company 5.50% and the worker 1.55%.
  • Unemployment (temporary contracts): company 6.70% and the worker 1.60%
  • Salary guarantee fund (Fogasa): 0.20% of the company and 0% of the worker.
  • Professional training: 0.60% the company and 0.10% the worker
  • Intergenerational Equity Mechanism (MEI): company 0.67% and the worker 0.13%