Maximum Euphoria After Hacienda Reveals This About 2025 Income Tax: up to 1,500 Euros

The news from Hacienda about the 2025 Income Tax Return has caused great excitement among taxpayers. Thanks to pension plans, citizens will be able to save a few euros on their Income Tax Return.

We explain how you can take advantage of this benefit and other available deductions to reduce the amount payable to Hacienda. Additionally, we indicate when the campaign starts so you don't miss any details.

Hacienda Allows Us to Save Up to 1,500 Euros With a Pension Plan

One of the most useful tips for saving on the 2025 Income Tax Return is to take advantage of contributions to pension plans. Hacienda has confirmed that if you contribute to your pension plan, you can deduct your contributions up to 1,500 euros from the taxable base.

This deduction helps reduce the money paid on income. This can mean a significant tax relief when filing the return. To benefit from this deduction, you must meet certain requirements.

It is important that contributions are made to recognized pension plans managed by authorized entities. Additionally, contributions must have been made within the fiscal year, that is, by December 31, 2024.

Other Deductions for the 2025 Income Tax Return

Although pension plans are one of the most notable deductions, there are also other ways to deduct on the 2025 Income Tax Return. Some of the most common include:

• Deduction for investment in primary residence: If you have purchased or renovated your home, you might be eligible for this deduction.
• Deduction for maternity: If you are a working mother, you can access a deduction for each child under three years old.
• Deduction for large family: If you have three or more children, you can benefit from a special deduction.

Remember that each taxpayer has a different situation, so it is important to carefully review all possible deductions you could access.

When Does the Income Tax Campaign Start?

The 2025 Income Tax campaign will officially begin on April 2, 2025, and will extend until the end of June. It is important to note that although the filing period is extensive, it is recommended not to wait until the last moment to avoid setbacks.

During this period, you can file your return either through the Hacienda website or with the help of a professional. One who advises you on the best options to take advantage of all available deductions.