Regional Deduction Rules in Asturias

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Written by Xolo
on abril 29, 2024 3 minute read

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Welcome to your guide on Asturias tax deductions for the year 2023! This comprehensive overview will help you understand the various deductions available to Asturias residents across different life events and financial activities. Whether you’re dealing with family changes, educational investments, residential updates, or supporting local initiatives, these deductions can provide significant financial relief.

 

What are the regional deductions in Asturias?

The tax benefits in Asturias known as regional deductions offer taxpayers a delightful discount on their taxes. These deductions are specifically tailored to the Personal Income Tax system of this autonomy. While the overall income tax return process is conducted nationwide in Spain, Asturias provides its residents with unique deductions. This is because the revenue from income taxes is divided between the state and individual communities. To qualify for these appealing deductions, residency in the specified territory during the previous year and meeting specific criteria are essential. 

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Unpaid Fostering of Individuals Over 65 Years Old

€500 deduction for each person over 65 years old who lives with you for more than 6 months.

Acquisition or Adaptation of the Main Residence for Taxpayers Living with Spouses or Relatives with Disabilities

A deduction of 3% on the amounts paid for the acquisition or adaptation of the residence.

Investment in Main Residence with Disabled Relatives of at Least 65%

A 3% deduction on the amounts paid for the acquisition or adaptation of the residence.

Investment in Protected Main Residence

A deduction of 100% of the actual expense during the period, up to a maximum of €5,000.

 

 

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Rental

If you have a rental contract for your main residence, you can deduct 10% of the amounts paid up to €500. If you are under 35 years old, you can deduct 20% up to €1,000.

Donations of Rural Estates to the Principality of Asturias

A 20% deduction on the value of the donations.

International Adoption of Minors

A €1,500 deduction for each adopted child.

Multiple Births/Adoptions

A €1,000 deduction for each child born or adopted.

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Large Family

If you hold a large family title, you can deduct the following amounts:

General category large family: €1,000.

Special category large family: €2,000.

Single Parent Family

A €500 deduction.

Foster Care of Minors

Two deductions depending on the period of cohabitation with the minor:

If living with you for a minimum of 183 days (6 months): €500 for each minor.

If living between 90 and 183 days with you: €250 for each minor.

Sustainable Forest Management Certification

You can deduct 30% of the amounts you have invested in obtaining the certification from the relevant body, up to a maximum of €1,000.

Expenses for Children in 0 to 3 Year Centers

A 15% deduction of the expenses incurred for this purpose, up to a maximum of €500 per year.

School Supplies

If you have incurred expenses for your children's school supplies, you can deduct 100% of these amounts within the established limits.

Discover how Xolo can simplify your tax planning and maximize your deductions in Asturias. Explore Xolo today and take the first step towards smarter financial management!

 

Birth or Adoption of Second or Subsequent Children in Depopulated Areas

If you had your second or subsequent descendant in 2023 in a municipality at risk of depopulation, you can deduct €300.

New Self-Employed in Depopulated Areas

If you are a new self-employed individual, you can apply a deduction of €1,000 if you reside in councils at risk of depopulation.

Public Transport Expenses in Depopulated Areas

If you have purchased an individual transport pass, you can deduct 100% of the amount (up to €100).

Additionally, you can deduct an extra 10% for each child, with an annual limit of €300 per child, provided that two conditions are met:

The general deduction for dependents can be applied.

The child is pursuing high school, vocational training, or university studies outside of the place of residence.

Training Expenses for Highly Qualified Workers

You can deduct up to €2,000 for educational expenses related to your job, which must be related to scientific or technical research and development.

Taxpayers Who Relocate Their Fiscal Residence to Asturias as Highly Qualified Workers

You can deduct 15% (up to a maximum of €2,000) if, due to your highly qualified job related to scientific or technical research and development, you have to move your home to Asturias.

Investment in Main Residence in Depopulated Areas

Two scenarios:

5% for purchase or rehabilitation of housing.

10% if you are additionally under 35 years old, part of a large family, or a single-parent family.

Acquisition of Electric Vehicles

If you have purchased a new electric vehicle, including plug-in hybrids and fuel cell vehicles, you can deduct 15% of the amounts paid, up to a maximum of €50,000, provided it is not used for economic activities.

Care for Dependents up to 25 Years Old

You can deduct up to €300 for each dependent living with you. €600 for the second and subsequent dependents.

Emancipation up to 35 Years Old

Up to 100% of the expenses (with a limit of €1,000) for moving, which must be evidenced by invoices.

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General Deductions

Check out the general deductions rules for Spain here → 

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Take the hassle out of tax season with Xolo

At this point, you have a couple of options: 

  1. Memorize all the information we've provided and file your tax return on your own, hoping everything goes smoothly. 
  2. Gather your invoices for all of your deductible expenses as a freelancer, upload them to Xolo, and let our team of experts handle your VAT and income tax returns like the pros we are. 

Sign up to Xolo and let us help take the hassle out of tax season.

 

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