10,8,11. For investment in refurbishment of rental homes

Taxpayers can deduct 15% from the amounts invested in home renovation activities. 100

 Requirements

1. The concept of home renovation is that set out in article 20.1.22.B of Law 37/1992, of 28 December, on Value Added Tax, or the standard that replaces it. For the purposes of this article, renovation works for buildings meet the following requirements:
   • The main purpose of this project is to rebuild them, understanding that this requirement is met when more than 50% of the total cost of the renovation project corresponds to consolidation or treatment of structural elements, façades or roofs or with similar or related works to renovation work.
   • The total cost of the works referred to in the project exceeds 25% of the building's acquisition price if it had been carried out during the two years immediately prior to the start of the renovation works or, in other cases, of the market value of the building or part of it at the time of that start. For these purposes, the proportional part corresponding to the land will be deducted from the acquisition price or market value of the building.
2. The property must be located in a town of Castilla y León, which, at the time of acquisition or renovation, does not exceed:
   • 10,000 Inhabitants in general or
   • 3,000 Inhabitants if less than 30 kilometres from the capital of the province

   As indicated in Order HAC/197/2015 of 3 March (BOCYL 20-03-2015), will update the lists of municipalities (from 1 January 1, the towns) that meet the 2016 requirements provided for in the autonomous regulations for the application of tax benefits in the taxes assigned on which the Community of Castile and León has regulatory powers. These lists will be published on the Tax Portal of the Regional Government of Castile and León.

3. The value of the property, for the purposes of the tax that is serious, must be less than 135,000 euros.

4. Other conditions for applying the deduction:

   • That during the five years following the renovation work, the property is rented to people other than the spouse, teeth, descendants or relatives up to the third degree of kinship (both collateral due to consanguinity and affinity) of the owner of the property.
   • If, during the five years provided for in the previous letter, periods in which the property was not actually rented, the property is offered for rent. Effective from 12 July 2019, Order EYH/668/2019 establishes the requirements that the property must meet to be considered as being offered for rent:
     • The lease must be advertised or announced through one of the following means: Posters on the property itself, advertising media including the specific portals of Iternet, real estate agencies and real estate agents.
     • The properties offered for rent may not be occupied effectively during the period of time they are offered for rent. The consumption of supplies associated with the use of the property, such as electricity, water, gas and/or telephone, must demonstrate that the property is not occupied during this period of time.
   • The monthly rent does not exceed 300 euros. The monthly rent amount will be the income freely stipulated by the parties, and by the concepts agreed. If the contract does not provide for any stipulation against the contract, the general expenses of the property, such as IBI, municipal fees, community expenses, etc., will be borne by the lessor, in accordance with the civil regulations governing the matter; If the rental agreement stipulates that the expenses will be charged to the lessee and will form part of the rental amount.
   • The legal guarantee for the lease is deposited in accordance with the applicable regulations.

    Maximum deduction base

    The basis of this deduction will be constituted by the amounts actually paid by the taxpayer for the performance of the rehabilitation activities, with a maximum limit of 20,000 euros, both in individual and joint taxation.

   Population units with more than 10,000 inhabitants or more than 3,000 inhabitants with less than 30 km of the Province Capital.

   Population Unit	INE code
   AVILA	05019000301
   ARANDA DE DUERO	09018000201
   BURGOS	09059000101
   MIRANDA DE EBRO	09219001101
   Astorga	24008000101
   Leon	24089000201
   Armunia	24089000101
   Ponferrada	24115002102
   San ANDRES DEL RABANEDO	24142000501
   Trobajo DEL CAMINO	24142000801
   Virgen DEL CAMINO (LA)	24189000801
   Navatejera	24222000301
   Villaobispo DE LAS REGULERAS	24222000701
   Sale OF DAMAGE	34023000301
   PALENCIA	34120000101
   Alba DE TORMES	37008000101
   Bejar	37046000101
   Caberizos	37067000401
   Carbajosa DE LA SAGRADA	37085000101
   Ciudad RODRIGO	37107000301
   SALAMANCA	37274000201
   SANTA MARTA DE TORMES	37294000201
   Villamayor	37354000101
   Villares DE LA REINA	37362000301
   Lastrilla (LA)	40112000101
   San ILDEFONSO	40181000201
   SEGOVIA	40194000601
   SORIA	42173000401
   ARROYO DE LA ENCOMIENDA	47010000101
   Cigales	47050000101
   Cisterniga	47052000101
   LAGUNA DE DUERO	47076000301
   MEDINA DEL CAMPO	47085000201
   Santovenia DE PISUERGA	47155000101
   Tordesillas	47165000501
   Tudela DE DUERO	47175000301
   VALLADOLID	47186000501
   Zaratan	47231000101
   BENAVENTE	49021000101
   ZAMORA	49275000201

   Completion

   The amounts invested with the right to deduction for each taxpayer will be included in the box provided for this purpose.