e. Insurance premiums
This concept should include amounts paid in the form of insurance premiums, except those relating to company personnel.
Furthermore, for the purposes of determining the deductible amounts, the following special rule of the law must be taken into account: PIT for health insurance premium expenses that we discuss below.
Specialties in the PIT of the expenses for health insurance premiums of the taxpayer and his family
Regulations: Art. 30.2.5.a) Law PIT
In accordance with article 30.2.5.a) of the Personal Income Tax Law, health insurance premiums paid by the taxpayer in the part corresponding to his own coverage and that of his spouse and children under twenty-five years of age who live with him are considered deductible expenses for determining net income in direct estimation.
The maximum deduction limit will be:
- 500 euros for each of the persons mentioned above
- 1,500 euros for each disabled person