Urgent aid and relief for those hit by the DANADANA Depresión Aislada en Niveles Altos: a weather phenomenon that brings very heavy rain and flooding. floods

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1. Aid is approved for death and disability, with 72,000 euros for death, and aid for destroyed or damaged homes and household goods, with maximums of 60,480 euros for total destruction of a primary home and 10,320 euros for essential goods. Some requirements, such as income limits, are removed, and applications must be filed within two months of publication.
2. Local corporations can receive aid covering up to 100% of their emergency costs, and local entities can receive direct subsidies to repair or rebuild municipally or provincially owned infrastructure, facilities and services.
3. The deductible under the extraordinary risk insurance is removed for small and medium-sized businesses (those with annual turnover of up to €6,000,000) for damage to industrial, commercial and service establishments. In addition, the Consorcio de Compensación de Seguros (the public body managing this insurance) can directly request death certificates to speed up death benefit payments.
4. Tax filing and payment deadlines, requirement response deadlines and appeal deadlines are extended to January 30, 2025 for taxpayers in the affected area, and tax debts can be deferred for 24 months with no late-payment interest for the first six months. The second installment of 2023 personal income taxincome tax The personal income tax (IRPF in Spain): what people pay on what they earn from work, business or savings. is also deferred to February 5, 2025.
5. Direct aid is created for self-employed workers and businesses in the area: €5,000 for the self-employed and between €10,000 and €150,000 for businesses depending on their 2023 turnover. Applications are filed on the Tax Agency's electronic office from November 19 to December 31, 2024, with payments starting December 1.
6. Tax benefits are granted: a 2024 exemption from the property tax for damaged properties, a reduction in the business activities tax proportional to the closure period, exemptions from DNI and Traffic Department fees for vehicle deregistrations and duplicates, and refunds of amounts already paid. The State compensates local entities for the lost revenue.
7. On Social Security, companies with a temporary layoff plan can be exempted from 100% of their share of contributions; deferrals or moratoriums on contributions are allowed; self-employed workers who stop working because of the DANA can claim the cessation-of-activity benefit without proving force majeure or a minimum contribution period; and leave caused by the DANA is treated as a work accident for benefit purposes. In addition, the minimum vital income and non-contributory pensions are increased by 15% from November 2024 to January 2025.
8. A state guarantee line of up to €5 billion is approved to make credit easier for households, businesses and the self-employed, along with a moratorium suspending payments on loans and credits with or without a mortgage: three months with no payments at all and nine more months paying only interest. Consumer rights are also recognized: suspension of the withdrawal period, resolution or deferral of contracts that cannot be performed, and cancellation of transport bookings without penalty.

Who it affects

• Families and people with damage to their homes or belongings, or who lost a loved one: They can apply for expanded aid with fewer requirements, and benefit from tax exemptions and loan moratoriums.
• Self-employed workers and businesses in the affected municipalities: They can receive direct aid, contribution exemptions, payment deferrals and state guarantees to access credit.
• Town councils and other local entities in the area: They can receive aid for emergency costs and to repair public infrastructure and services.
• Affected consumers and users: They can suspend or terminate utility, service and transport contracts without penalty and get their money back.
• Workers and pensioners in the area: They receive extraordinary increases in minimum vital income and non-contributory pensions, and their sick leave is treated as a work accident.

Words worth knowing

DANA

Depresión Aislada en Niveles Altos: a weather phenomenon that brings very heavy rain and flooding.

Franquicia (deductible)

The part of a loss that, under an insurance policy, is borne by the policyholder and not paid by the insurer.

Expediente de regulación temporal de empleo (ERTE)

A procedure by which a company temporarily suspends or reduces its workers' activity.

Moratoria (moratorium)

A temporary suspension of debt payments, during which the lender cannot demand payment.

Derecho de desistimiento (right of withdrawal)

The consumer's right to cancel a purchase or contract without giving a reason within a set period.

income tax

The personal income tax (IRPF in Spain): what people pay on what they earn from work, business or savings.

It summarizes the law as published in the BOE. It is written by artificial intelligence and may contain mistakes: the official text is what counts. Read the official text · How we make summaries