Exemptions

Other exempt income other than that provided for in article 7 of the Personal Income Tax Law

Exemptions in employment income

The Third Additional Provision of Law 7/2024, of December 20, has declared exempt, subject to certain requirements, the amounts paid between October 29, 2024 and December 31, 2024 on an extraordinary basis by employers to their employees and/or family members that are intended to cover personal injuries and material damage to housing, belongings and vehicles suffered by employees and/or their family members due to the Isolated Depression at High Levels (DANA) that occurred in 2024.

Exemptions on income from economic activities

The aid received for both the repair of damage suffered by assets and to compensate the temporary or permanent eviction of the taxpayer's habitual residence or the premises in which the owner of the economic activity carried out the same as a consequence of the damage caused by the Isolated Depression at High Levels (DANA) in the terms established in article 3 of Royal Decree-Law 6/2024, of November 5 ( BOE of November 6) are exempt.

Likewise, direct aid to entrepreneurs and professionals particularly affected by the DANA granted under article 11 of Royal Decree-Law 6/2024, of November 5 ( BOE of November 6) in the municipalities listed in the Annex of the aforementioned Royal Decree-Law are exempt.

Exemptions on capital gains

Exemption from exceptional aid for personal injuries caused by natural disasters (DANA)

In accordance with the provisions of Royal Decree-Law 6/2024, of November 5 ( BOE of November 6) , aid granted in cases of death and disability directly caused by DANA (Isolated Depression at High Levels) in different municipalities between October 28 and November 4 are exempt.

Exceptional aid for damage to heritage elements caused by natural disasters (DANA)

The exemption is established for aid intended to alleviate material damage to housing and property, and in industrial, commercial and service establishments, and for personal or property services of natural or legal persons, as provided for in Article 3.2 and 3.