Due to the price increase

Regulations: Fourth Additional Provision. Sixteen of the Consolidated Text of the current legal provisions issued by the Autonomous Community of the Canary Islands regarding transferred taxes, approved by Legislative Decree 1/2009, of April 21

Temporal scope : initially limited to fiscal year 2022, the application of this deduction has been extended to fiscal year 2023 .

Deduction amount

The taxpayer may deduct, in order to mitigate the effects of price increases in the application of their income, the expenses paid for the shopping basket, with the following limits:

In individual taxation

• 225 euros when the amount of the sum of the general tax base and savings is less than 20,000 euros.

• 175 euros when the amount of the sum of the general tax base and savings is equal to or greater than 20,000 euros and less than 25,000 euros.

• 125 euros when the amount of the sum of the general tax base and savings is equal to or greater than 25,000 euros and less than 30,000 euros.

In joint taxation

• 225 euros when the amount of the sum of the general tax base and income savings is less than 30,000 euros.

• 175 euros when the amount of the sum of the general tax base and savings is equal to or greater than 30,000 euros and less than 35,000 euros.

• 125 euros when the amount of the sum of the general tax base and savings is equal to or greater than 35,000 euros and less than 40,000 euros.

Note: The sum of the amount of the general tax base and the savings tax base is that reflected in boxes [0435] and [0460] of the statement.