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Practical Income Manual 2023.

By obtaining subsidies or aid to alleviate the impact caused by inflation during the year 2023

Regulations: Art. 3d of the Consolidated Text of the legal provisions of the Autonomous Community of the Balearic Islands regarding taxes transferred by the State, approved by Legislative Decree 1/2014, of June 6

Amount and requirements for applying the deduction

  • The amount of this deduction will be the result of applying the average rate of regional tax on the amount of the subsidy or aid integrated into the regional part of the general taxable base (box [0533] of the statement).

  • These must be subsidies or aid granted by the Autonomous Community of the Balearic Islands that are intended to alleviate the impact caused by inflation during the year 2023.

  • Furthermore, these subsidies or aid must under no circumstances form part of the taxpayer's income from economic activities.