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 the amounts paid during the tax period as interest on external financing arranged for the acquisition of their first habitual residence, provided that the loan or credit is at variable interest, with the following limits:

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

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

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

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

Completion

It will record the amount paid with the right to deduction.