10.7.23. For interest expenses for third-party financing of the acquisition of their first habitual residence by those under 40 years of age

Taxpayers under 40 years of age on the accrual date may deduct amounts paid during the tax period as interest on external financing arranged for the acquisition of the first habitual residence, provided that the loan or credit is at a variable interest rate, with the following limits:

• 150 euros, for taxpayers whose sum of the general tax base and the savings tax base for the tax period does not exceed 12,500 euros for individual taxation or 25,000 euros for joint taxation.

• 100 euros, for taxpayers whose sum of the general tax base and the savings tax base for the tax period does not exceed 27,000 euros for individual taxation or 36,000 euros for joint taxation.

The deduction will be applied if the taxpayer is under 40 years of age on the date of accrual, without the possibility of applying the deduction in the year in which the taxpayer turns 40 for amounts paid prior to that time.

In the case of joint taxation, the deduction will be applied per taxpayer.

Completion

The amount paid will be recorded with the right to deduction.