Do you know the tax-exempt amounts in Spains’s personal Income Tax?

08 Jun Do you know the tax-exempt amounts in Spains’s personal Income Tax?

Table of personal and family minimum exempt amounts on Spain Resident’s Income Tax (Euros per year)

Personal and Family 2016 & 2017

Taxpayer’s minimum:

1. a) General: 5,550
2. b) More than 65 years old: + 1,150
3. c) More than 75 years old: +1,400

Minimum per sheltered ancestor:

1. a) More than 65 years old: 1,150
2. b) More than 75: + 1,400

Minimum per sheltered descendant:

1. a) General:

First: 2,400

Second: 2,700

Third: 4,000

Fourth and following ones: 4,500

1. b) Less than 3 years old: + 2,800

Minimum per sheltered disabled persons:

1. a) Disabled taxpayer: 3,000

– Disability rated 65% or more: 9,000

– Assistance’s expenditures: + 3,000

1. b) Sheltered Ancestors and descendants:

– Disabled: 3,000

– Disability rated  65% or more: 9,0008

– Assistance’s expenditures: + 3,000