Freedom of amortization on certain vehicles and new charging infrastructures

Article 4. One of Royal Decree-Law 4/2024, of June 26, with effects for the tax periods that begin on or after January 1, 2024 and that have not concluded upon the entry into force of this Royal Decree-Law (June 28, 2024), modifies the eighteenth Additional Provision of the LIS, replacing accelerated amortization planned until then, for investments in new vehicles FCV, FCHV, BEV, REEV either PHEV, as defined in Annex II of the General Vehicle Regulations, approved by Royal Decree 2822/1998, of December 23, or in new charging facilities, both for private use and those accessible to the public, for electric vehicles, for freedom of amortization, as long as said elements are affected by economic activities and come into operation in tax periods beginning in the years 2024 and 2025.

For the application of this accelerated amortization assumption, the mandatory technical documentation, according to the characteristics of the installation, in the form of a Project or Report, provided for in Royal Decree 842/2002, of August 2, and obtain the electrical installation certificate completed by the competent Autonomous Community.

You can consult the details of this incentive in the Chapter 5 of this Practical Manual.