News on Personal Income Tax
In the Official State Gazette of July 25, Law 5/2025, of July 24, was published, which regulates, with effect from January 1, 2025, a new deduction for obtaining income from work with the purpose of limiting the increase in the tax for recipients of the interprofessional minimum wage and, with effect from July 26, 2025, modifies DF 16 of Law 7/2024, authorizing the Tax Agency to process refunds arising from the application of DT2 of the LIRPF in relation to the years 2019 to 2022 and previous years not prescribed.
- Main tax changes introduced by Law 5/2025, of July 24, which modifies the consolidated text of the law on civil liability and insurance in the circulation of motor vehicles(131 KB - pdf)
- Ley 5/2025, de 24 de julio,
por la que se modifican el texto refundido de la Ley sobre responsabilidad civil y seguro en la circulación de vehículos a motor, aprobado por el Real Decreto Legislativo 8/2004, de 29 de octubre, y la Ley 20/2015, de 14 de julio, de ordenación, supervisión y solvencia de las entidades aseguradoras y reaseguradoras.