Basic details
Questions about the calculation?
Tell me about your caseIndicative calculator. The results are estimates and are not tax advice.
How does this calculator work?Amount received (taxable base)
Net value of what you inherit or receive as a gift. If you receive bare ownership and want a closer figure, enter the value as if it were full ownership.
Kinship reduction
Group I: €100,000 + €8,000 for each year under 21, up to €156,000. Group II: €100,000. Group III, inheritances only: €7,993.46. Group IV: no reduction.
Main home reduction
Inheritances only. The 95% applies to the part of the home that goes to the heir, with an individual limit of €150,000.
Bonus that applies
From 28/05/2023: 99% for inheritances and gifts between descendants, ascendants and spouses. From 01/06/2026 and 01/06/2027: 25% and 50% respectively, only for Group III collateral blood relatives of the 2nd and 3rd degree.
Bare ownership
Only if you receive bare ownership. Enter the value of the usufruct for your share, less the difference between the theoretical and the actual main home reduction.
The regional rules of the Valencian Community (Comunitat Valenciana) apply when the deceased had their habitual residence in the Valencian Community for most of the five years before death. They do not need to have spent exactly more than half of that period there. It is enough that they spent more time in the Valencian Community than in any other Spanish region (comunidad autónoma).
For gifts of real estate, the rules are those of the region where the property is located, wherever the donor or the donee lives. For gifts of movable assets (money, shares, holdings, etc.), the rules are those of the region where the donee has their habitual residence.
The deadline to file the tax in the Valencian Community is six months from the death for inheritances (extendable by another six months on request to the Conselleria d'Hisenda), and one month from signing before the notary for gifts. The self-assessment (autoliquidación) is filed with the Agència Tributària Valenciana (ATV).
Inheritance tax in Valencia: how what you pay is worked out
How much it costs to inherit in Valencia depends above all on who leaves you the inheritance. If it is your father or your spouse, the figure will be very low. If it is a brother or an uncle, quite high. These are the rules the calculator above uses.
The calculation has five steps, in this order:
- You start from the net value of what you receive (the taxable base, base imponible).
- You take off the reductions (kinship, main home, disability, life insurance). What is left is the net taxable base (base liquidable).
- You apply the tax scale, from 7.65% on the first €7,993.46 to 34% above €781,916.75. That gives the gross tax (cuota íntegra).
- You multiply it by a multiplier (coeficiente multiplicador) based on your kinship group and your existing wealth. That gives the tax after multiplier (cuota tributaria).
- You deduct any bonus (bonificación) you are entitled to, and what is left is the tax to pay.
The multiplier is 1 for descendants, spouses and ascendants with existing wealth of up to €390,657.87. For siblings and uncles or aunts it starts at 1.5882.
Which kinship reductions you get on an inheritance
If you are a child under 21, the reduction is €100,000 plus €8,000 for each year you are short of 21, up to €156,000. If you are 21 or over, or a spouse or ascendant, it is €100,000. A sibling or an uncle or aunt gets only €7,993.46. More distant relatives and unrelated people get nothing.
The deceased’s main home gets a reduction of 95% of its value, up to €150,000 per heir, if you are the spouse, an ascendant, a descendant or a collateral relative over 65 who lived with the deceased for the previous two years, and you must keep it for five years. With a disability of 33% or more you add €120,000 (€240,000 from 65%, or from 33% if it is an intellectual or mental disability).
Inheritance tax bonus in the Valencian Community
Since 28 May 2023 there is a 99% bonus on the tax for inheritances of descendants, spouses and ascendants, and of people with a disability of 65% or more, or an intellectual or mental disability of 33% or more. Siblings and uncles or aunts have 25% from 1 June 2026, which becomes 50% on 1 June 2027. The bonus only covers what you include in full in the self-assessment (autoliquidación).
How gift tax is worked out in the Valencian Community
The tax scale and the multipliers are the same as for an inheritance. The main home reduction does not exist for gifts, and the kinship reduction and the bonus require the gift to be in a public document, normally a notarial deed. If it is money, the document must state where it comes from. The 99% goes to a recipient who is the donor’s spouse, parent, child, grandchild or grandparent. A sibling or an uncle or aunt gets 25%. The reduction limits add up what that donor has given you in the previous five years.
Example of the inheritance tax calculation in the Valencian Community
Imagine you inherit €400,000, including the deceased’s main home (€180,000), and your existing wealth is under €390,657.87. I compare you being the deceased’s child aged 30 or sibling. The sibling did not live with the deceased, so has no main home reduction.
| Child aged 30 | Sibling | |
|---|---|---|
| Kinship reduction | €100,000.00 | €7,993.46 |
| Main home reduction | €150,000.00 (limit) | €0.00 |
| Net taxable base | €150,000.00 | €392,006.54 |
| Gross tax | €21,393.65 | €79,384.47 |
| Multiplier | 1 | 1.5882 |
| Tax after multiplier | €21,393.65 | €126,078.42 |
| Bonus | 99%: €21,179.71 | 25%: €31,519.60 |
| Tax to pay | €213.94 | €94,558.81 |
The inheritance is the same. What separates €213.94 from €94,558.81 is the kinship group. If you are going to divide an inherited property between siblings, the tax cost of the division changes depending on the method. I explain it on the page about dissolving co-ownership.
Frequently asked questions
Which rules apply to my inheritance: Valencian or those of another region?
Those of the region where the deceased spent the most days during the five years before death. For gifts of real estate, the region where the property is located decides. For other gifts, it is the habitual residence of the person who receives them.
How long do I have to file inheritance tax in Valencia?
Six months from the death. Do not leave it to the last minute: if you file late, as well as the surcharge you can put the tax benefits at risk.
Do I pay inheritance tax in Valencia if I inherit from my parents?
You do, but very little: with the 99% bonus you pay only 1% of the tax, and you still have to file the self-assessment.
What do I need for a gift to a child to get the 99% bonus?
It must be made in a public document, normally a deed, within the filing period. If it is money, the deed must state where it comes from and how it is handed over. Without that document there is no reduction and no bonus.
The tax office has assessed me for more than the calculator shows. What can I do?
Compare the assessment with the calculation: check whether a reduction or the bonus is missing, or whether the value of the assets has been increased. If you think you have overpaid, the time limits to claim are short. Tell me about your case