Main News

• Deadline for filing returns:

  The deadline for submitting self-assessments for the Wealth Tax for the year 2025, whatever the result (to be paid or negative), is between April 8 and June 30, 2026, both inclusive.

  However, if the result of the declaration is a payment due and the payment is made by direct debit, the submission cannot be made after June 25, 2026.

• Taxable base: reduction by exempt minimum

  • Effective from January 1, 2025, the Autonomous Community of La Rioja has set the minimum exemption at 700,000 euros.

  • The Valencian Community has modified the amount of the minimum exemption, setting it generally at 1,000,000 euros. 

• Autonomous scales

  As a result of the extension of the ITSGF carried out by Royal Decree-Law 8/2023, of December 27, in 2025 the scales approved on a transitional basis, for their application during the validity of said tax, by the Autonomous Communities of Catalonia and Galicia, continue to be applicable.

  The Autonomous Community of the Region of Murcia, through Law 3/2025, of July 23, on the General Budget for the year 2025, and with effect from January 1, 2025, has modified the regional tax scale established in Article 13 of Legislative Decree 1/2010, of November 5. 

• Full quota limit and minimum Wealth Tax quota

  In its recent judgment no. 1372/2025 (RED: STS 4849/2025), issued on October 29 in appeal no. 4701/2023, the Supreme Court has established the following doctrine: "Habitual residence, whether in Spain or abroad, does not justify the different treatment given to residents and non-residents, consisting of the fact that the limit of the full quota provided for in article 31 is not applicable to the latter. One of the Wealth Tax Law. That difference in treatment is discriminatory and unjustified." This same doctrine has been confirmed in the Supreme Court Judgment No. 1402/2025, of November 3, 2025, in the appeal for cassation No. 7626/2023 (RED: STS 4846/2025).

  Consequently, the limitation on the full tax liability in the Wealth Tax regulated in Article 31 of the LIP must be applied to both resident and non-resident taxpayers.

• Autonomous community deductions

  The Valencian Community has approved a new tax deduction for individuals investing in emerging companies in the Valencian Community.

• Regional bonuses

  • The Autonomous Community from the Region of Murcia, has approved, on a temporary basis and while the Temporary Solidarity Tax on Large Fortunes is in force, an autonomous bonus determined by the difference between the total full amount of the tax itself, once the joint limit established in article 31 of Law 19/1991, of June 6, has been applied, and the total full amount corresponding to the Temporary Solidarity Tax on Large Fortunes, once the joint limit established in article 3. Twelve of Law 38/2022, of December 27, has been applied.

  • The CommunityThe Autonomous Community of La Rioja has established a transitional regime applicable while the ITSGF is in force, so that with regard to regional bonuses, nor the general 100 percent bonus established in Article 33 bis of Law 10/2017 will apply, but instead the taxpayer may apply to the resulting wealth tax a bonus determined by the difference, if any, between the total full tax liability of the tax itself, once the joint limit established in Article 31 of Law 19/1991, of June 6, has been applied and, where applicable, the total full tax liability that would correspond to the temporary solidarity tax on large fortunes, once the joint limit established in Article 3 has been applied. Twelve of Law 38/2022, of December 27.