Autonomous Community of the Balearic Islands: Minimum amounts for the taxpayer, by descendants and by disability

Regulations: Art. 2 Consolidated Text of the Legal Provisions of the Autonomous Community of the Balearic Islands on Taxes Transferred by the State, approved by Legislative Decree 1/2014 , June 6

Note: Please note that the following amounts of the regional minimums for descendants and ascendants of the Autonomous Community of the Balearic Islands will not be applicable to taxpayers who have died before November 26, 2023. For the latter, consult this same section of the 2022 Personal Income Tax Manual .

The first article of Law 11/2023, of November 23, has modified with effect from November 26, 2023, article 2 of Legislative Decree 1/2014, of June 6, establishing the following amounts of the taxpayer minimums , by descendants, by ascendants and by disability, which taxpayers residing in the territory of the Community of the Balearic Islands must apply to calculate the regional tax:

Minimum of the taxpayer over 65 years of age

• 6,105 euros per year per minimum amount per general taxpayer

• Plus 1,265 euros per year per taxpayer over 65 years of age.

• Additionally 1,540 euros per year per taxpayer over 75 years of age.

Minimum for the second, the minimum for the third and the minimum for the fourth and subsequent descendants

• 2970 euros per year for the second descendant.

• 4,400 euros per year for the third descendant.

• 4,950 euros per year for the fourth and subsequent descendants.

Tax-free threshold for ascendants

• 1,265 euros annually for each ascendant over 65 years of age or with a disability.

• Plus 1,540 euros annually for each ascendant over 75 years of age.

Minimum for disability of the taxpayer and ascendants or descendants

• 3,300 euros annually for each taxpayer, ascendant or descendant, when they are a person with a degree of disability equal to or greater than 33 percent and less than 65 percent.

• 9,900 euros annually for each taxpayer, ascendant or descendant, when it is a person with a degree of disability equal to or greater than 65 percent.

• Plus 3,300 euros annually for each taxpayer, ascendant or descendant who proves they need help from third parties or reduced mobility, or a degree of disability equal to or greater than 65 percent.

Increase in attendance expenses: 3,300 euros