NAVARRA: Has already contributed to your pension plan?

As you know, the 2025 Income tax return must be filed between April and June 2026, but if you want to reduce the amount to be paid, you must act before the end of the year.

Keep in mind that contributions to pension plans reduce the taxable base. Find out what the limits of these reductions are (note, it is a joint limit for all social security systems).

✓ If it is your pension plan:

The lower of the following amounts:

• 30% of the sum of net income from work and business and professional activities received individually in the tax year; 50%, if the participant or policyholder is over 50 years old.
• 1, 500 euros per year. This limit is increased by 8, 500 euros or 4, 250 euros, depending on the cases, with the maximum reduction amount due to these increases being 8, 500 euros per year.

✓ If you make contributions to your spouse's or stable partner's pension plan: Up to 1, 000 euros.

• For this, it is required that your spouse

or stable partner does not receive net income from work or business and professional activities, or that these are less than 8, 500 euros. ✓

Special provisions for pension plans in favor of persons with disabilities: Up to 24, 250 euros, for contributions by the person with disabilities themselves.

• Up to 24, 250 euros, for contributions from the person with disabilities themselves.
• Up to 10, 000 euros, if contributions are made on behalf of a person with disabilities.

In this case, the combined limit is 24, 250 euros.

Consider contributing money to your pension plan before the end of the year and reduce your taxation in the 2025 Income Tax Return.