Skip to content
Back to index
V2575-25 18 December 2025 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · ganancia patrimonial

Subsidies under Royal Decree 477/2021 exempt from income tax

A taxpayer asks whether subsidies received for energy efficiency works under Royal Decree 477/2021 should be declared as capital gains. The DGT states that such aid is exempt and does not need to be included in the tax base.

The question raised

Taxation of the granted subsidy.

The DGT's ruling

Although the receipt of subsidies generally constitutes a capital gain that forms part of general income, the fifth additional provision of the Personal Income Tax Law establishes an exception. The aid granted under Royal Decree 477/2021 shall not be included in the tax base starting from the 2021 tax year. Therefore, the beneficiary is not required to declare the capital gain obtained from this specific subsidy.

Book your free first meeting