For acquisition of habitual residence by people with disabilities
Regulations: Art. 4.One.l) and Sixteenth Additional Provision Law 13/1997, of December 23, which regulates the autonomous section of the Personal Income Tax and other transferred taxes, of the Valencian Community
Deduction amount
5% of the amounts paid during the tax period for the acquisition of the habitual residence, with the exception of the part of said amounts that correspond to interest, by taxpayers who have recognized the following grades of disability:
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Degree of physical or sensory disability equal to or greater than 65% , or
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Degree of mental disability equal to or greater than 33% ,
The deduction will also be applicable when, without reaching said degree of disability, incapacity or guardianship with full powers of representation of people with disabilities has been judicially declared.
The specific provisions provided for in favor of people with physical or sensory disabilities, with a degree of disability equal to or greater than 33%, will apply to Social Security pensioners who have a recognized permanent total, absolute or severe disability pension. , and in the case of pensioners from passive classes who have a recognized retirement or retirement pension due to permanent incapacity for service or uselessness.
Requirements and other conditions for the application of the deduction
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The concepts of habitual residence and its acquisition are those included in the state regulations regulating Personal Income Tax .
In addition to the requirements generally established in the state regulations that regulated the deduction for investment in primary residence , for the application of this regional deduction the following must also be met:
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The application of the deduction is conditional on the delivery of the monetary amounts derived from the legal act or business that entitles its application to be made by credit or debit card, bank transfer, nominative check or deposit into accounts in credit institutions.
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It is required that the verified amount of the taxpayer's assets at the end of the tax period exceed the value that its verification showed at the beginning of the same by at least the amount of the investments made.
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The deduction can only be applied by taxpayers whose sum of the general taxable base and the savings taxable base (boxes [0500] and [0510] of the declaration) does not exceed the following amounts:
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30,000 euros in individual declaration.
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47,000 euros in joint declaration .
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Deduction limits according to taxable base
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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 to 27,000 euros , in individual taxation, or 44,000 euros , in joint taxation.
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When the sum of the general taxable base and the taxable savings base of the taxpayer is included between 27,000 and 30,000 euros , in individual taxation, or between 44,000 and 47,000 euros, in joint taxation, the amounts of the deduction will be the following:
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In individual taxation, the result of multiplying the amount of the deduction by a percentage obtained by applying the following formula:
100 × (1 – the coefficient resulting from dividing by 3,000 the difference between the sum of the general taxable base and the savings of the family unit and 27,000)
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In joint taxation , the result of multiplying the amount of the deduction by a percentage obtained by applying the following formula:
100 × (1 – the coefficient resulting from dividing by 3,000 the difference between the sum of the general taxable base and the savings of the family unit and 44,000)
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Compatibility
This deduction is compatible with the deduction "For the first acquisition of their habitual residence by taxpayers aged 35 or under" with the deduction "For obtaining income derived from housing rentals, whose income does not exceed the reference price of the “private rentals in the Valencian Community”.