Deductions to encourage certain activities

The taxable person may make a deduction in the full quota of 10 percent of the business contributions charged in favor of workers with gross annual salaries of less than 27,000 euros, provided that such contributions are made to employment pension plans, health insurance plans, corporate social security, to pension plans regulated in Directive ( EU ) 2016/2341 of the European Parliament and of the Council, of December 14, 2016, relating to the activities and supervision of employment pension funds and social security mutual societies that act as a social security instrument of which the taxpayer is the promoter.

In the case of workers with gross annual remuneration equal to or greater than 27,000 euros, the deduction provided for in the previous paragraph will be applied to the proportional part of the employer's contributions that correspond to the amount of gross annual remuneration indicated in said paragraph.                                                                     

However, article 10.2 of Law 58/2003, of December 17, General Tax Law, establishes that unless otherwise provided, tax regulations will not have retroactive effect and will apply to taxes without a tax period accrued from its entry into force and to other taxes whose tax period begins from that moment. Therefore, the deduction introduced by the new article 38 ter will be applicable for tax periods beginning on or after 2 July 2022.