Overview

• The BOE has published an order reducing net-performance indices under the IRPF module system for 2024, benefiting approximately 800,000 farmers and ranchers across Spain.
• A national 5% reduction in net income is applied, with specific cuts of up to 30% for sheep and goat sectors and 25% for municipalities listed in Real Decreto-ley 6/2024.
• Over 10,800 localized reductions target crops such as cereals and non-citrus fruits, addressing regional needs.
• Castilla y León sees 58,700 beneficiaries, with reductions estimated to lower the taxable base by €118 million in the region.
• Additional deductions for fuel, irrigation electricity, fertilizers, and eco-schemes under the EU Common Agricultural Policy remain in place.