With an eye on the Income 2025 campaign, there are platforms like Laborai that point out that this exercise comes with “more changes than in previous years.” The declaration, corresponding to the year 2025, can be submitted from April 8 to June 30, 2026, and one of the novelties that may have the greatest impact on low incomes is that those who earn the Minimum Interprofessional Wage will be exempt from personal income tax.
As they explain, the measure will be articulated “as a deduction” and its scope will depend on each autonomous community, while the unemployed will only be required to declare if they exceed the general limits.
On the opposite side, they point to the creation of a new 30% tranche for capital gains and dividends that exceed 300,000 euros annually, aimed at large investors. In addition, deductions for energy efficiency in housing and for the purchase of electric vehicles will be extended, and the aid received by those affected by DANA and forest fires will be exempt from tax, according to the text sent.
The focus, however, is on the draft. Laborai warns that many taxpayers confirm it “as if it were the definitive truth”, when it only includes the data that the Tax Agency already has (income, withholdings or benefits) and usually leaves out deductions that must be expressly requested.
Most people accept the draft as if it were the definitive truth. But it is only a starting point, not an end point,” the Treasury “has no incentive to remind you of everything you can deduct, they point out.
For example, regional deductions for dental expenses can reach 840 euros in communities such as the Canary Islands, Cantabria and the Valencian Community, and they do not appear in the draft if the taxpayer does not incorporate them manually. They also mention deductions for children, mental health, physical therapy, rent and donations, which vary depending on the community and personal situation, and which can translate into savings that “evaporate year after year.”
Laborai lists common assumptions that, due to ignorance or lack of documentation, end up being left out of the declaration, such as: Geographic mobility (with a reduction of 2,000 euros), rent (between 150 and 1,200 euros depending on the community), the maternity deduction (1,200 euros per year plus up to 1,000 euros for daycare), the purchase of an electric car (up to 4,000 euros), the deduction for a mortgage prior to 2013 (up to 15%, with a maximum base of 9,040 euros) and donations to NGOs (with a deduction of 80% for the first 250 euros and 40% for the rest).
Errors are also detected when the taxpayer has already gone through a traditional agency. “A common case is that of someone who hired traditional advice and still paid more,” they indicate, adding that in recent reviews they found deductions for rent and maternity incorrectly applied, with an average refund of 2,000 euros in those cases.