From IRS to ISV, here are the tax benefits for people with disabilities

THEPeople with disabilities have access to a range of tax benefits, ranging from the IRS to the ISV, recalls the portal do National Financial Education Plan – Todos Contam.

“For tax purposes, a person with a tax-relevant disability is considered to be a person who has a degree of permanent incapacity equal to or greater than 60%, duly proven by a medical certificate of multipurpose incapacity“, can we read on this platform.

What are the tax advantages concerned?

IRS

For IRS purposes, a portion of gross annual income earned by persons with disabilities is excluded from tax, in the following proportion:

  • 15% in the case of categories A and B (employees and self-employed);
  • 10% in the case of category H (pensions).

The share of non-taxable income cannot exceed €2,500.00 per category of income.

In addition, the household is entitled to deduct the following amounts from the IRS amount payable:

  • per disabled taxable person: 4 times the value of the social support index (IAS);
  • for each disabled dependent or relative: 2.5 times the IAS value;
  • per disabled taxable person in the armed forces: 5 times the value of the IAS.

The following expenses are also deductible from the IRS payable:

  • 30% of all expenses incurred for the education and rehabilitation of the taxable person or disabled dependents;
  • 25% of all life insurance premiums;
  • 25% of contributions paid to mutual insurance covering exclusively the risks of death, disability or old age;
  • 25% of the amount paid, in respect of charges with dwellings with an overall ceiling of 403.75 euros;
  • in addition, a deduction of 4 times the value of the IAS, as follow-up costs, if the degree of invalidity is equal to or greater than 90%.

VAT

Exemption from VAT on the purchase of tricycles, wheelchairs, with or without engine, passenger cars or mixed vehicles for own use by disabled people, under the conditions provided for by the Vehicle Tax Code.

CUI

IUC exemption, in respect of category B vehicles which have a NEDC CO2 emission level up to 180 g/km or a WLTP CO2 emission level up to 205 g/km or vehicles of categories Has been.

The exemption can only be enjoyed by each beneficiary for one vehicle per year and cannot exceed the amount of 240 euros.

ISV

Exemption from the ISV, with regard to vehicles intended for the own use of:

  • people with motor disabilities, over the age of 18, with a degree of disability equal to or greater than 60%;
  • persons with disabilities in the armed forces, with a degree of disability equal to or greater than 60%;
  • people with severe multiple disabilities, with a degree of disability equal to or greater than 90%;
  • disabled people who move exclusively in a wheelchair, with a degree of disability equal to or greater than 60%;
  • visually impaired people, with a degree of disability of 95%.

Read also : Portugal occupies the middle of the table in the EU with a tax burden of 37.6% of GDP

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