Phase 3: Determination of reduced net income
General reduction for obtaining work income
Regulations Art. 20 Law IRPF
This reduction, which applies to taxpayers who obtain net income from work less than 16,825 euros , provided that they do not have income, excluding exempt income, other than income from work greater than 6,500 euros , will reduce the net income from work by the following amounts:
| (*) RNT = net income from work which will be the result of reducing the total income with the expenses provided for in letters a), b), c), d) and e) of article 19.2 of the Law of IRPF (Back) | |
| Positive net return | Reduction amount |
|---|---|
| 13,115 euros or less | 5.565 euros |
| Between 13,115.1 and 16,825 euros | 5,565 - [1.5 x (RNT - 13,115)] (*) |
The concept of income, excluding exempt income, other than income from work includes the algebraic sum of net income (from movable and immovable capital, and from economic activities), imputed income and capital gains and losses computed in the year, without applying the integration and compensation rules. However, the returns must be computed at their net amount, that is, after deducting expenses, but without applying the corresponding reductions.
In the case taxation of family units in which several members receive income from work, the amount of the reduction will be determined based on the joint amount of the net income from work of all members of the family unit and, where applicable, income other than work, without it being necessary to multiply the amount of the resulting reduction based on the number of members of the family unit receiving income from work.
Important : As a result of the application of this reduction, the resulting balance cannot be negative .