10.15.30. For the acquisition of new vehicles belonging to the categories included in Order 5/2020, of June 8

Amount

The 10% of the amounts allocated by the taxpayer during the tax period to the acquisition of new vehicles belonging to the categories included in Order 5/2020, of June 8, of the Ministry of Territorial Policy, Public Works and Mobility, by which the regulatory bases for the granting of subsidies for the acquisition or electrification of urban bicycles and electric vehicles for personal mobility are approved.

Requirements and conditions

• In each tax period, the taxpayer may deduct the amounts intended for the acquisition of a single vehicle.

• The deduction is applicable to the acquisition of electric bicycles, conventional bicycles, electric VMPs and bicycle electrification kits.

• The deduction will be applicable to vehicles that would not have been entitled to obtain aid because the purchase exceeded the maximum eligible amounts provided for in the aforementioned Order, although these amounts will serve as a reference for the base limit of the deduction.

  These amounts are: 1,400 euros for electric bicycles, for conventional bicycles 500 or 700 euros (if they are family bicycles with a charging element for child transport), 600 euros for electrification kits and 450 for electric VMPs.

• The deduction is conditional on the delivery of the monetary amounts derived from the legal act or business that entitles the application of those amounts to be carried out by credit or debit card, bank transfer, nominative check or deposit into accounts at credit institutions.

• The sum of the general taxable base and the taxable savings base may not exceed 25,000 euros, in individual taxation, or 40,000 euros, in joint taxation.

Maximum deduction base

The maximum base of the deduction is constituted by the maximum eligible amount for each type of vehicle.

If there is more than one taxpayer with the right to apply the deduction on the same vehicle, the maximum base will be prorated among them.

Limit

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 23,000 euros in individual taxation, or less than 37,000 euros, in joint taxation.

When the sum of the general taxable base and the taxable savings base is between 23,000 and 25,000 euros in individual taxation, or between 37,000 and 40,000 euros in joint taxation, the amounts and deduction limits will be the following:

1. In individual taxation, the result of multiplying the amount or deduction limit by a percentage obtained by applying the following formula: 100

2. In joint taxation, the result of multiplying the amount or deduction limit by a percentage obtained by applying the following formula: 100

Completion

Enter the amount allocated for the purchase in the box corresponding to the category of the vehicle and the number of people entitled to the deduction.