News published in INFORMA 2024

New items published in the INFORMA programme during November

In marriages under a community property regime, the deduction will be applied exclusively to the spouse in whose name the has been registered, regardless of whether it was purchased with community property funds.

The reduction in article 18.2 of the Personal Income Tax Law can be applied to unemployment benefits received in the form of a single payment, provided that the previous contribution period - and not the duration of the benefit it replaces - exceeds two years. TEAC resolution 8822/2023 of October 21, 2024 establishes this new criterion.

Article 12.7 of Royal Decree-Law 6/2024, of November 5, which adopts urgent measures in response to the damage caused by isolated depression at high levels (DANA) grants the exemption from personal income tax to aid for personal injuries provided for in article 3.1 of the same law.

Public aid for the destruction or repair of heritage elements due to the DANA in Valencia, in accordance with the terms of the Fifth Additional Provision of the Personal Income Tax Law, will not be included in the tax base.

When you are entitled to a deduction for registering with Social Security or the corresponding mutual fund after the birth of the child, for the increase of 150 euros in the month in which the minimum contribution period of 30 days is met, it is necessary that this requirement be met of January 1, 2023 , with no transitional regime having been foreseen.

These public aids of 5,000 euros are not included in the taxable base in the terms of the Fifth Additional Provision of the Personal Income Tax Law.

An additional 25 percent in the net income of modules for 2024 is approved for who determine the net income by the objective estimation method and carry out activities in the municipalities affected by the DANA.

The net income applicable to calculate the fractional payment for the last quarter of 2024 will be reduced by the proportional part that corresponds to the economic activities carried out in the municipalities affected by the DANA.

Taxpayers affected by the DANA are allowed to expressly ## waive the objective estimation method during the month of December 2024 and tacitly January 1 to 30, 2025 , eliminating the mandatory link to the waiver for 3 years.

Exceptionally during the period between November , 2024 and May 12 2025, participants in pension plans, insured pension plans, company social pension plans and social pension mutual funds affected by the DANA may dispose of their economic rights in advance up to a limit of 10,800 euros.

The deadline for the payment period of the second installment of Personal Income Tax 2023 is extended by three months until February 5, 2025 , for taxpayers affected by the DANA.

Public aid for eviction from the habitual residence or the premises in which the activity is carried out due to DANA, in accordance with the terms of the Fifth Additional Provision of the Personal Income Tax Law, will not be included in the tax base.