Community of Valencia

Regulations: Art. 2 bis Law 13/1997, of December 23, regulating the autonomous section of the Personal Income Tax and other transferred taxes, of the Valencian Community

Residents of the Valencian Community will apply the following amounts as taxpayer minimums, for descendants, for ascendants and for autonomous disability:

Taxpayer tax-free threshold

• €6,105 per year in general.

• Plus €1,265 per year for taxpayers over 65 years of age.

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

Allowance for descendants

• €2,640 per year for the first descendant.

• €2,970 per year for the second.

• €4,400 per year for the third.

• €4,950 per year for the fourth and subsequent years.

When a descendant is under three years of age , the amount corresponding to the minimum for descendants, of those indicated above, will be increased by €3,080 per year .

Tax-free threshold for ascendants

• €1,265 per year for each ascendant over 65 years of age or with a disability, regardless of age.

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

Minimum for disability of the taxpayer and ascendants

• €3,300 per year for each taxpayer or ascendant, when they are a person with a degree of disability equal to or greater than 33% and less than 65%.

• €9,900 per year for each taxpayer or ascendant, when they are a person with a degree of disability equal to or greater than 65%.

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

The aforementioned amounts will not be applicable to taxpayers who died before October 28, 2022 .