Tax Bombshell: Very Few Expected This Big News in the Income Tax Return

In 2025, Hacienda has introduced news that will benefit many taxpayers. We are talking about a significant tax deduction for those who invest in the growth of emerging companies or startups. This measure aims to encourage the financing of new companies and support innovation in Spain.

The Tax Deduction You Didn't Expect: Up to 30% of the Investment

If you decide to invest in emerging companies, you can deduct 30% of the amount invested in your Income Tax Return. This percentage applies to the total amount you have allocated to the acquisition of shares or stakes in startups.

The maximum base for this deduction is 60,000 euros annually. This means that even if you invest more than this amount in a year, the tax benefit will only apply to those first 60,000 euros. Therefore, the maximum tax savings you could obtain would be 18,000 euros per year (30% of 60,000 euros).

How to Apply This Deduction in the Income Tax Return?

To take advantage of this high deduction, you must follow these steps when filling out your Income Tax Return. Ensure that the company you have invested in meets the requirements of an emerging company according to current regulations.

Keep all documents that prove your investment, such as acquisition contracts for shares or stakes and certificates issued by the company. In the declaration form, go to the section on deductions for investment in newly or recently created companies.

Indicate the amount invested (up to a maximum of 60,000 euros) and calculate 30% of that amount to determine the applicable deduction. Verify that all data is correct and that you meet the established requirements for this deduction.

Key Dates for the Income Tax Return in 2025

The Income 2024 campaign will begin on April 2, 2025, and the last day to submit your return will be June 30, 2025. Remember that submitting the return within this period is essential to avoid possible penalties and to benefit from the available deductions.

For the deduction to be valid, it is generally required to maintain the investment for a minimum period, which is usually three years. If you sell the stakes before this period, you could lose the right to the deduction and be obliged to return the deducted amounts.

• Eligible Companies: Not all investments in new companies qualify for this deduction. The company must meet certain criteria. For example, it must be a newly created company, engage in economic activity, and not be listed on regulated markets, among others.
• Compatibility with Other Deductions: This deduction is compatible with other tax advantages. But it is important to review the limits and conditions to avoid exceeding the caps established by law.