{"id":1180011,"date":"2026-02-18T23:57:49","date_gmt":"2026-02-18T20:57:49","guid":{"rendered":"https:\/\/alegria-realestate.com\/?p=1180011"},"modified":"2026-02-21T00:26:27","modified_gmt":"2026-02-20T21:26:27","slug":"valencian-community-to-scrap-inheritance-and-gift-tax","status":"publish","type":"post","link":"https:\/\/alegria-realestate.com\/en\/articles\/news\/valencian-community-to-scrap-inheritance-and-gift-tax","title":{"rendered":"Valencian Community to scrap inheritance and gift tax"},"content":{"rendered":"

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99% relief for transferring a family business<\/h2>\n

The Government of the Valencian Community<\/a> will almost completely reduce inheritance and gift tax to facilitate the transfer of a family business<\/a>\u2014including farms, professional businesses, and shares in holding companies\u2014from one generation to the next without a significant tax burden. This measure provides a 99% relief on the tax payable on the transfer of assets for relatives up to the fourth degree of kinship, and it will apply to all heirs in cases where the business founder is retired.<\/p>\n

Personal income tax deductions<\/h2>\n

As the head of the regional government, Juanfran P\u00e9rez Llorca, stated, family businesses make up more than 90% of the business structure of the Valencian region and generate around 80% of jobs and GDP. He also recalled that about one million taxpayers with a taxable base of up to \u20ac60,000 (individuals) or \u20ac78,000 (married couples) will be able to benefit from personal income tax deductions for medical expenses\u2014such as dentistry, optometry, or mental health\u2014as well as for sports activities and the treatment of rare or chronic illnesses.<\/p>\n

Additional tax breaks<\/h2>\n

These measures are complemented by other benefits already introduced, in particular:<\/p>\n