10.15.10. For the first acquisition of their habitual residence by taxpayers aged 35 or under
Amount
5% of the amounts allocated by the taxpayer during the tax period, including the expenses incurred by him, except interest, to the first acquisition of his habitual residence.
Requirements and conditions
-
It must be the first purchase of a habitual residence. The concept of habitual residence and acquisition is included in the Personal Income Tax Law.
-
The taxpayer must be 35 years of age or older on the tax accrual date.
-
The sum of the general taxable base and the taxable base of the taxpayer's savings cannot exceed 30,000 euros, in individual taxation, or 47,000 euros, in joint taxation.
However, in the case of taxpayers who died before October 28, the sum of the general tax base and the savings tax base cannot exceed 16,212.56 euros, which is the equivalent of twice the public income indicator. multiple effects (IPREM).
-
The application of the deduction is conditional on the delivery of the monetary amounts derived from the act or legal transaction that entitles it to its application being made by credit or debit card, bank transfer, personal check or deposit into accounts in credit institutions.
-
This deduction requires that the verified amount of the taxpayer's assets at the end of the tax period exceeds the value shown by its verification at the beginning of the period, by at least the amount of the investments made.
For these purposes, increases or decreases in value experienced during the tax period by assets that at the end of the period continue to form part of the taxpayer's assets will not be computed.
Limit
When the limit on taxable bases of 30,000 euros and 47,000 euros applies, the full amount of the deduction will only be applicable to taxpayers whose sum of the general taxable base and the savings taxable base is less than 27,000 euros in individual taxation, or less than 44,000 euros in joint taxation.
When the sum of the general taxable base and the savings taxable base is between 27,000 and 30,000 euros in individual taxation, or between 44,000 and 47,000 euros in joint taxation, the deduction amounts and limits will be as follows:
-
In individual taxation, the result of multiplying the deduction amount or limit by a percentage obtained by applying the following formula: 100 X (1 – the coefficient resulting from dividing by 3,000 the difference between the sum of the taxpayer's general taxable base and savings and 27,000).
-
In joint taxation, the result of multiplying the deduction amount or limit by a percentage obtained by applying the following formula: 100 X (1 – the coefficient resulting from dividing by 3,000 the difference between the sum of the taxpayer's general taxable base and savings and 44,000).
The application of this deduction is compatible with the deduction "For the acquisition of habitual housing by persons with disabilities" and the deduction "For obtaining income derived from housing leases, the rent of which does not exceed the reference price for private rentals in the Valencian Community".
This deduction may not be applied to amounts for which the deduction "For amounts intended for the acquisition or rehabilitation of habitual housing from public aid" would have been applied.
Completion
The amounts paid that give rise to the deduction will be reflected in the window.
In the case of marriage and if the amount paid corresponds to the spouses in equal parts, 5% of the total amount paid by both spouses will be reflected.