To mitigate the rise in interest rates on mortgage loans for the purchase of a primary residence

Regulations: Second Additional Provision Law 10/2017, of October 27, consolidating the legal provisions of the Autonomous Community of La Rioja regarding own taxes and transferred taxes

Amount of deduction

15% of the amounts allocated during the year to the payment of interest on mortgage loans or credits intended to finance the acquisition of the taxpayer's habitual residence.

Rehabilitation and adaptation due to disability, as defined in the regulations of IRPF in their current version as of December 31, 2012, will be considered equivalent to acquisition.

Deduction base

• The basis of this deduction will consist of the interest paid by the taxpayer after being reduced by the amounts obtained from the application of variable interest rate risk hedging instruments on mortgage loans.

• The maximum annual base will be 5,000 euros per habitual residence.

Requirements and other conditions for the application of the deduction

• That the home is located in the territory of the Autonomous Community of La Rioja.

• That constitutes or will constitute the habitual residence of the taxpayer .

  The habitual residence is understood to be the one in which the taxpayer actually resides for the greatest number of days in the fiscal year.

• That the property was acquired after January 1, 2013.

Incompatibility

This deduction is incompatible with the regional deductions "For the acquisition, construction or rehabilitation of habitual housing in small municipalities" and "For investment in habitual housing for young people under 36 years of age" and with the state deduction for investment in habitual housing .

Time frame for the application of the deduction.

This deduction is applicable exclusively in the years 2023 and 2024.