Spanish Tax Allowances 2017

Personal allowance

Under 65 years old 5,550 Euros
65+ 6,700 Euros
75+ 8,100 Euros

Child allowance

First child 2,400 Euros
Second child 2,700 Euros
Third child 4,000 Euros
Each further child 4,500 Euros

Elderly relative living with family whose income is less than
8,000 Euros pa:

65+ 1,150 Euros
75+ 2,550 Euros

Maternity allowance

2,800 Euros per annum per child under three years old.

Earnings related Personal Allowance (for employees)

For taxpayers with salaries of less than 14,450 Euros and other income less than 6,500 Euros, there are the following deductions:

Earnings not more than 11,250 3,700 Euros
Earnings 11,250 to 14,450 3,700 – 1.15625 x (Earnings – 11,250)
Earnings 14,450 + 0

In addition, there is also a general allowance of 2,000 Euros applicable independent of the income of the taxpayer.

There are also regional allowances which vary from area to area