10.7.24. To offset the effects of inflation

Amount and limits

The amounts paid in the acquisition of the goods and services that make up the shopping basket referred to by the National Institute of Statistics, with the following limits:

• 200 euros, for taxpayers whose sum of the general tax base and the tax base of savings for the tax period is less than 12,500 euros. This limit may be increased by 50 euros for each child or descendant dependent on the taxpayer.

• 150 euros, for taxpayers whose sum of the general tax base and the tax base of savings for the tax period is less than 21,000 euros. This limit may be increased by 37.50 euros for each child or descendant dependent on the taxpayer.

• 100 euros, for taxpayers whose sum of the general tax base and the tax base of savings for the tax period is less than 30,000 euros. This limit may be increased by 25 euros for each child or descendant dependent on the taxpayer.

Requirements and conditions

• For the purposes of applying this deduction, only the expenses paid by the taxpayer in the following groups that make up the shopping basket of the Consumer Price Index will be taken into consideration: 01 (food and non-alcoholic beverages), 03 (clothing and footwear), 04 (housing, water, electricity, gas and other fuels) and 06 (health)

• For the application of the increase in the limits of this deduction, only those daughters or sons or descendants who give the right to the application of the minimum for descendants provided for in the LIRPF will be taken into account.

Completion

It will record the amount paid with the right to deduction

The increased limit per child will be applied by the program based on the family data recorded.