The taxable base is composed of gross income minus the actual costs incurred to acquire said income.
However, the King has provided that the taxpayer can deduct a flat rate of expenses. These expenses are fixed as follows:
|Band from 0 to EUR 10 000 (amount to be indexed)||50%|
|Band from EUR 10 000 to 20 000 (amount to be indexed)||25%|
For the tax year 2017
|Band from 0 to EUR 15 360||50%|
|Band from EUR 15 360 to 30 710||25%|