Deduce Your Medical Insurance and Pay Less Taxes in Spain

Millions of Spaniards could be saving money on their 2025 tax returns. A recent video by financial blogger tu_blog_fiscal has gone viral, explaining how to deduct private medical insurance. The video highlights that self-employed individuals can deduct up to €500, while employed individuals can also benefit, particularly those with flexible compensation plans offered by their employers. "Many people have private medical insurance and don't realize they can deduct it," explains the blogger. The video has sparked widespread interest, with thousands of views and shares, suggesting a significant number of people may be unaware of this tax benefit. This could lead to substantial savings for many Spanish families.