Social Security or contributions to mutual funds of the owner of the activity

This section will include the contributions to the special regime for self-employed workers (RETA) of the owner of the activity and, where applicable, the contributions to social security mutual funds of the entrepreneur or professional.

Social Security Mutual Funds for Businessmen or Professionals

As a general rule, contributions to Social Security Mutual Societies made by the entrepreneur or professional are not deductible for determining the income from economic activity, without prejudice to the fact that they may be subject to a reduction in the general part of the tax base .

However, amounts paid under insurance contracts entered into with mutual insurance companies by professionals not included in the special Social Security scheme for self-employed workers or freelancers will be considered deductible expenses when, for the purposes of complying with the obligation provided for in the Fifteenth Additional Provision of Law 30/1995, of November 8, on the Regulation and Supervision of Private Insurance, they act as alternatives to the aforementioned special Social Security scheme, in the part that aims to cover contingencies attended to by Social Security, with the limit of the maximum quota for common contingencies that is established in each financial year by Social Security.