For conservation or improvement of quality, sustainability and accessibility in the main residence carried out in 2014 and 2015

Regulations: Additional Provision 13 Act 1997/23, of December, regulating the autonomous range of Personal Income Tax and other taxes transferred, from the Valencian Community.

Note: This deduction may coexist and be compatible with that regulated in point w) of section one of article four of the Act 13/1997 for conservation or improvement work carried out in 2021, applying one or the other according to the year in which the works have been carried out: This deduction for works carried out in 2014 or 2015 and the one for those carried out in 2017 and subsequent years.

Amount of the deduction

• On 10% of the amounts paid in the tax period for works carried out in 100. 2014

• On 25% of the amounts paid in the tax period for works carried out in 100. 2015

Requirements for applying the deduction

• The works must have been carried out from 1 January 2014 until 31 December 2015.

• The works must be carried out in the main residence of which the taxpayers are the owners or holders of a real right of use and enjoy the taxpayer, or in the building in which the taxpayer is located.

• The work must be designed to preserve it, or improve quality, sustainability and accessibility in the terms provided for by the State Plan to promote the rental of housing, building renovation, and urban regeneration and renewal, 2013 - 2015, approved by Royal Decree 233/2013, of 5 April, or in those provided for in the autonomous community regulations on the rehabilitation, design and quality of the property.

  Note: The deduction may be applied in the year in which the works are paid, provided that, with the requirements established, the works are carried out from 1 January 2014 until 31 December 2015.

• The deduction may only be applied by taxpayers whose sum of the general net tax base and the tax base of savings, boxes [0500] and [0510] of the tax return, does not exceed the following amounts:

  • - 25,000 Euros in individual tax return.

  • - 40,000 Euros in joint tax return.

• They will not be entitled to apply this deduction:

  1. Works carried out in parking spaces, gardens, parks, swimming pools and sports facilities and other similar elements.

  2. Investments to use renewable energy sources in the main residence to which the deduction provided for in point (o) of section one of article 13 of Act 1997/applies.

     Therefore, when the investment meets the requirements to apply the deduction for investments to use renewable energy sources in the home the taxpayer is excluded from the application of this deduction for conservation works or improvement of the quality, sustainability and accessibility of the main residence.

  3. The part of the investment financed with public grants.

Deduction base

• The basis of this deduction will be constituted by the amounts paid, by credit or debit card, bank transfer, nominative cheque or deposit in accounts with credit institutions, to the persons or entities that carry out such works.

  Under no circumstances will the amounts paid by legal cash deliveries be eligible for this deduction.

  The taxpayer can prove that the works have been carried out in the period required and that their amount has actually been paid, by any means that is valid in law.

• The maximum annual basis for this deduction will be:

  In individual taxation

  1. When the sum of the general net tax base and the savings is less than 23,000 euros per year: 4,500 Euros per year.

  2. When the sum of the general net tax base and the savings is between 23,00 and 25,000 euros a year: The result of applying the following formula to 4,500 euros per year:

     100 × (1-The coefficient resulting from dividing by 2,000 the difference between the sum of the general net tax base and the taxpayer's savings and 23,000)

  In joint taxation

  1. When the sum of the general net tax base and the savings base is less than 37,000 euros a year: 4,500 Euros per year.

  2. When the sum of the general net tax base and the savings is between 37,000 euros and 40,000 euros: The result of applying the following formula to 4,500 euros per year:

     100 × (1-The coefficient resulting from dividing by 3,000 the difference between the sum of the general net tax base and the taxpayer's savings and 37,000)

Maximum base per home

• The accumulated basis of the deduction corresponding to the tax periods in which the deduction is applicable may not exceed 5,000 euros per property.

• When several taxpayers with the right to apply the deduction for the same property, the maximum annual deduction base and the accumulated deduction will be weighted for each of them according to their percentage ownership in the property.

  The amount of the aforementioned limit of the accumulated basis of the deduction (5,000 euros) will be weighted proportionately for each of the holders, without it being understood that it applies to each of them independently.

Note: The identification, by Tax ID, of the persons or entities that carry out the work will be a requirement for the application of this deduction.