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 euros per year in general.

• 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.

Allowance for descendants

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

• 2,970 euros per year for the second.

• 4,400 euros per year for the third.

• 4,950 euros 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 euros per year .

Tax-free threshold for ascendants

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

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

Minimum for disability of the taxpayer and ascendants

• 3,300 euros per year for each taxpayer or ascendant, when he or she is a person with a degree of disability equal to or greater than 33 percent and less than 65 percent.

• 9,900 euros per year for each taxpayer or ascendant, when he or she is a person with a degree of disability equal to or greater than 65 percent.

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