Reduction amount
Fixed amount
When the above requirements are met, taxpayers may reduce the net income from economic activities by 2,000 euros.
Additional reduction for taxpayers with net income of less than 14,450 euros
When the net income from economic activities is less than 14,450 euros, and the taxpayer has no income, excluding exempt income, other than income from economic activities exceeding 6,500 euros, the following additional reductions are established:
| (*) RN=net performance of economic activities. | |
| Net performance | Reduction amount |
|---|---|
| 11,250 euros or less | 3,700 euros |
| Between 11,250.1 and 14,450 euros | 3,700 - [1.15625 x (RN - 11,250)] (*) |
In the case of joint taxation of family units in which several of its members obtain income from economic activities, the amount of the reduction will be determined based on the joint amount of the net income from the economic activity of all members of the family unit and, where applicable, of income other than income from economic activity, without having to multiply the amount of the resulting reduction based on the number of members of the family unit receiving income from economic activities.
Note: The concept of income excluding exempt income, other than that from economic activities, includes the algebraic sum of net income (from work and movable and immovable capital), imputed income and capital gains and losses computed in the year, without applying the integration and compensation rules. However, income must be computed at its net amount, that is, once expenses have been deducted but without applying the corresponding reductions, except in the case of income from work, in which the reduction provided for in article 18 of the LIRPF may be taken into account when applied prior to the deduction of expenses.
Additional reduction for people with disabilities
Additionally, people with disabilities who obtain net income derived from the effective exercise of an economic activity may apply the corresponding amount of the following:
- 3,500 euros per year, as a general rule.
- 7,750 euros per year, for people with disabilities who prove they need help from third parties or have reduced mobility, or a degree of disability equal to or greater than 65%.