Radical change from Hacienda: this novelty finally makes many breathe

A few days ago, Hacienda confirmed a significant change that benefits many families and students in Spain. From now on, aid received through Erasmus scholarships will not have to be taxed in the Income Tax return.

This decision is based on a ruling by the Court of Justice of the European Union (CJEU) that affects all member countries, including Spain. The CJEU has ruled that mobility aid, such as Erasmus, should not be considered taxable income in the student's or their parents' country of residence.

Hacienda relieves many families: you're going to save a good amount of money

This ruling arose from a case in Croatia. There, the amount of the Erasmus scholarship had been included in the calculation of the parents' income tax, resulting in a higher tax burden for them.

The European court considered that this practice was incompatible with European Union law. It constituted an unjustified restriction on the right of free movement and residence within the territory of the member states.

Erasmus scholarship aid will not be taxed in the Income Tax return

Although the ruling refers to a case in Croatia, its effects are applicable to all European Union countries, including Spain. Therefore, from now on, aid received from Erasmus scholarships should not be included in the Income Tax return of the student's parents or guardians.

This means that the taxable base will not increase, which can result in significant savings on the annual tax bill. This measure benefits numerous Spanish families who have been receiving aid for their children to study abroad.

Student mobility is encouraged

By eliminating the obligation to declare this aid, the tax burden on parents is reduced, which can translate into considerable economic savings. Additionally, it encourages student mobility and facilitates access to international educational programs, promoting the education and personal development of students.

Overall, the decision by Hacienda to exempt Erasmus scholarship aid from taxation in the Income Tax represents progress for families. Relieving their tax burden and promoting international education.

Many express that this measure will allow them to make the most of the aid received without worrying about an additional tax burden. They also believe that this change promotes equal opportunities, as more students will be able to access mobility programs without their families being economically affected.