This 2026 the income tax filing campaign will start later than ever, after Holy Week. It will begin on Wednesday, April 8 and run through June 30, according to TaxDown.
Another important date to note is June 25, as it will be the last day on which returns with an amount to pay can be filed if the taxpayer wants to set up direct debit. MuyPymes attended Madrid-based startup’s press briefing to learn, firsthand, the updates for this year’s campaign.
Major changes at the national level
At the national level, one of the main changes taxpayers will face during this year’s campaign is the increase from 28% to 30% for savings income above €300,000, though there will be no substantial changes for small savers. Since January 1, 2025, the rate applied to the top tier of the savings base—taxing dividends, interest, and capital gains from the sale of financial assets—rises to 30%, two points higher than before. The remaining brackets stay the same: 19% on the first €6,000; 21% up to €50,000; 23% up to €200,000; and 27% up to €300,000.
Additionally, taxpayers who earn employment income from more than one payer will not be required to file a tax return if the sum of those earnings does not exceed €15,876. If there is a single payer, the minimum remains €22,000, unchanged from last year.
Conversely, the tax agency has introduced a new deduction of €340 in the IRPF for workers earning the Minimum Interprofessional Salary. This measure was designed to offset the increase in the SMI to €16,576. If employment income was equal to or below the SMI, the deduction could be €340 on the income tax return. If annual earnings in 2025 were between €16,576 and €18,276, the deduction would be reduced proportionally.
Therefore, the obligation to file the income tax return is now as follows: taxpayers with income up to €22,000 from a single payer or up to €15,876 with two or more payers are not required to file the income tax return, provided that the sum of the income from the second or subsequent payers does not exceed €1,500.
Another development affects jobless individuals, as they will no longer be required to file the income tax return if they receive unemployment benefits, unless they exceed the general economic thresholds established for other taxpayers. This change was made possible thanks to the approval of the latest Omnibus Royal Decree.
The “green” deductions that have been approved and those left in limbo
Royal Decree-Law 16/2025, approved on December 23, extended until December 31, 2026 the deduction for the purchase of plug-in electric vehicles and fuel-cell vehicles, as well as the deduction for installing charging points in private properties. Both measures, with effects from January 1, 2026, allowed taxpayers to deduct a percentage of what they paid for these vehicles or for installing the charger in their garage.
The new Omnibus Decree incorporates the temporary extension of these incentives, in line with the Spain Auto Plan 2030 and the decarbonization goals. Because the decree was not enacted, taxpayers who have bought or plan to buy an electric vehicle in 2026, or to install a charging point, will lose the right to apply the deduction on their next income tax return, according to TaxDown’s tax experts, though they will retain it for the 2025 campaign.
In the same package of “green” measures is the deduction for energy efficiency improvements in homes, which will indeed apply in this year’s income tax campaign to those who undertook renovations in their homes or buildings last year.
Exemption for disaster relief: DANA and wildfires
Public aid aimed at covering personal damages resulting from disasters such as DANA and forest fires is exempt from IRPF. Specifically, an exemption applies to IRPF and Corporate Income Tax for urgent aid granted by the Valencian Community intended to sustain employment and economic reactivation in affected areas, directed at freelancers and companies. Aids aimed at repairing homes, belongings, and vehicles affected are also exempt from IRPF taxation.
Some new regional deductions
- In Asturias, this year there is a new deduction for people with celiac disease for up to €100.
- In Andalusia, there are three notable new deductions: one also for people with celiac disease, another for veterinary expenses, and a third to encourage physical exercise and sports.
- In Catalonia, a key change is the alteration of requirements for the deduction on the rental of a primary residence, increasing from €300 to €500 for individual taxation and from €600 to €1,000 for joint taxation.
- In Galicia, some of the most relevant new deductions focus on aid for people with ALS and/or those affected by thalidomide.
- People with ALS will also be able to deduct a portion of disease-related costs in Extremadura this year.
- In Murcia, there are up to 7 new deductions this year, including one for purchasing electric vehicles, another to promote physical exercise and healthy activities, and another for purchasing glasses and contact lenses.
This year, in addition, there are changes in the brackets for regional scales in Asturias, Canary Islands, and Catalonia, so taxpayers in these Autonomous Communities should pay special attention.
“The 2025 tax return that we will file this 2026 carries substantial changes for taxpayers. It’s also important to note that the tax authorities have four years to notify us of errors in this campaign, so it is crucial to review the draft, ensure we include all eligible deductions, and confirm that our tax return is filed correctly,” explains Enrique García, CEO of TaxDown.
