10.5.5. For moving the habitual residence to another island of the archipelago to carry out an activity as an employee or an economic activity

Amount

Taxpayers who move their habitual residence from the island where they reside to any of the other islands in the archipelago to carry out an employed or economic activity may apply a deduction of in the tax period in which the change of residence occurs and in the following one.

Requirements and conditions

The taxpayer must remain on the destination island during the year in which the transfer takes place and the following three years.
If the transfer occurs in this tax year, the sum of the general taxable base and the savings taxable base cannot exceed 46,455 euros in individual taxation or 61,770 euros in joint taxation.

If the transfer occurred in the previous tax year, taxpayers whose sum of the general taxable base and savings income in the tax year of the transfer did not exceed [amount missing] will be entitled to apply the deduction. 45,500 euros in individual taxation or 60,500 euros in joint taxation.
Failure to comply with the conditions of the deduction will result in the integration of the deducted amounts into the autonomous community's total tax rate for the year in which the failure occurs, with the corresponding late payment interest.

Limit

The deduction will be limited to the regional portion of the total tax rate derived from work income and economic activities in each of the two years in which the deduction is applicable.

In the case of joint taxation, the €300 deduction will be applied, in each of the tax periods in which the deduction is applicable, for each taxpayer who changes their residence, up to the limit of the regional portion of the full tax from employment and economic activity income corresponding to the taxpayers who qualify for the deduction.

Completion

Depending on the year in which the transfer took place, you will check the corresponding box.