Valencia tax – Spence Clarke

Valencia takes a step forward: Wealth Tax reduction and aligned inheritance reforms

14/07/202502/07/2025 by Javier Osorio Soria

On June 2025, the Generalitat Valenciana published Law 5/2025, introducing a set of fiscal measures that suggest a clear shift in approach. Among the most notable is the increase in the wealth tax exemption threshold, which will rise from 500.000€ to 1.000.000€ as from 31 December 2025. This change applies to both resident taxpayers and … Read more

Have You Prepared Your Personal Tax Declarations?

The Income Tax and Wealth Tax Declaration campaign is now underway. All tax residents of Spain are reminded that Income and Wealth Tax Declarations must be filed no later than 30 June.

In addition, Great Fortunes Tax Declarations must be submitted by 31 July.

Please contact us if you would like assistance, as we can prepare and file the declarations on your behalf.