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

Regulations: Art. 2 Revised 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, of June 6

Minimum for taxpayers over 65 years of age

• 6,105 euros per year for the amount of the minimum for general taxpayers

• Plus 1,265 euros per year for taxpayers 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 following descendants

• 2970 euros per year for the second child.

• 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 per year for each ascendant over 65 years of age or with a disability.

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

Minimum for disability of the taxpayer and of ascendants or descendants

• 3,300 euros per year for each taxpayer, ascendant or descendant, when the person has a degree of disability equal to or greater than 33% and less than 65%.

• 9,900 euros per year for each taxpayer, ascendant or descendant, when the person has a degree of disability equal to or greater than 65%.

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

Increase in assistance expenses: 3.300 euros