According to Catalonia’s regulatory competence, the following deductions applicable to the regional quota of the full tax liability are set out:
- If refurbishment of the main residence. A deduction of 1.5% of the amounts paid for the refurbishment of the main residence can be made, up to €9,040.
- In the event of children’s birth or adoption. The amounts to be deducted in the case of birth or adoption will be €150 for each parent in the case of an individual declaration and €300 in the case of a shared declaration.
- For renting the usual dwelling. Both in the general regime and in the large family regime, taxpayers will be able to deduct 10% of the rent, up to a maximum of €300 per year, as long as that the taxpayer meets certain personal requirements.
- For the payment of interest on third-cycle university study loans. Interest on loans granted through the Agency for the Management of University and Research Grants for the financing of master’s and doctoral studies may be deducted.
- In case of widowhood. Persons who are widowed during the tax year can apply a deduction of €150. The deduction will be €300 if the widowed taxpayer has one or more dependent descendants.
- For donations to certain entities. Donations to organizations promoting the Catalan or Occitan language may be deducted by 15%, donations to scientific research and technological development and innovation by 25% and donations to foundations or associations involved in ecology and the protection and improvement of the environment by 15%.
- For investment by a business angel for the acquisition of shares or holdings in new or newly created entities. Taxpayers can apply a deduction of between 30%-50%, with a maximum limit of €12,000, of the amounts invested during the year in the acquisition of shares or equity interests as a result of agreements for the incorporation or enlargement of capital companies.
- For the obligation to file the personal income tax return due to having more than one payer. Taxpayers required to file income tax returns due to having more than one payer may apply a deduction in the regional tax liability for the amount resulting from subtracting the regional tax quota from the state tax quota.
- For investing in the main residence. They could Taxpayers who have acquired their main residence before 1st of January 2013, those who before 1st of January 2013 have paid amounts for refurbishment work on their main residence and those who before 1st of January 2013 have carried out work and installations on the main residence of people with disabilities may apply the deduction.
If you need assistance with your personal income tax return, please contact Leading Global Consulting at [email protected] and we will be pleased to help you.
