Who is entitled to this deduction?

Taxpayers who meet the following requirements will be entitled to apply the deduction regime for investment in habitual residence for the amounts paid in the 2020 financial year:

1. If it is a matter of acquiring a habitual residence, when the residence has been legally acquired prior to 1 January 2013.
2. In the case of renovation work on a habitual residence, when amounts have been paid for this purpose prior to 1 January 2013, provided that the works were completed before 1 January 2017.

In any case, it is necessary that the taxpayer has applied the deduction for investment in habitual residence in relation to the amounts paid for the acquisition or rehabilitation of said residence in a tax period accrued prior to January 1, 2013, unless it could not have been applied because it did not exceed the amounts invested in previous residences, to the extent that they would have been subject to deduction by integrating effective deduction bases, plus, where applicable, the amount of exempt capital gains due to reinvestment.