In line with other autonomous regions, there will be lower taxes in Murcia. The Region of Murcia has implemented a series of interesting tax reductions for the year 2025, affecting both individuals and businesses. These adjustments, published in the Official Gazette of the Region of Murcia on 24 July 2025, are part of the new budget law (Ley 3/2025) and aim to reduce the tax burden and boost specific sectors. Below is a summary of the main changes.
Transfer taxes (ITP and AJD)
From 25 July 2025, there are favourable adjustments for those buying property. The general transfer tax (ITP) rate for property in Murcia has been reduced from 8% to 7.75%. In addition, the rate of stamp duty (AJD) on notarial deeds for the purchase of new-build properties is reduced from 2% to 1.5%.
Another important change is the definition of 'young person' for the reduced ITP rate of 5%. This rate now applies to entrepreneurs aged 40 or below who purchase premises for their tax residence or workplace.
Find out more about purchase costs in Murcia here.
Income tax (IRPF): more deductions
From 1 January 2025, several new and improved personal income tax deductions will be introduced. Some of the most notable are:
- Purchase of electric vehicles: A new deduction of up to € 7.000 for the purchase of an electric vehicle and up to € 4.000 for the installation of a charging station.
- Sport and health: A deduction of 30% for expenses of gyms, sports federations, trainers, pilates and yoga, with a maximum of €150 per year. For over-65s, this deduction increases to 100%.
- Optical costs: A deduction of 30% for the purchase of prescription lenses and contact lenses for children under 12 years of age, up to a maximum of € 100.
- Vet costs: A new deduction of 30% for pet veterinary expenses, not exceeding € 100.
- People with disabilities: The existing deduction for restricted taxpayers (of 33% or more) will be increased from €120 to € 150.
Wealth tax
The wealth tax will also be adjusted. From 1 January 2025, the regional scale will be aligned with the national standard. In addition, a new bonus is introduced related to the temporary solidarity tax on large assets.
