10.13.1. For investment in habitual housing by young people aged 35 or under (including the transitional regime)
Taxpayers with habitual residence in the Region of Murcia who are 35 years of age or older at the time the tax becomes due may deduct 5 percent of the amounts paid in the year for the acquisition (including construction and extension) or renovation of the dwelling that constitutes or will constitute their habitual dwelling, provided that in the first case it is a newly built dwelling.
The deduction may be applied by taxpayers whose taxable base is less than 24,107.20 euros, provided that the taxable base for savings does not exceed 1,800 euros.
## new dwelling is considered to be one whose acquisition represents the first transfer thereof after the declaration of new construction, provided that three years have not passed since said declaration.
The requirements for a home to be considered habitual are the same as those established for the purposes of the state deduction.
For the purposes of this deduction, rehabilitation is understood to be that which has been qualified or declared protectable in accordance with Royal Decree 2066/2008, of December 12, or with any state or regional regulations that replace them.
Deduction base
The basis for this deduction will be the amounts paid in the year for the acquisition (including construction and extension) or rehabilitation of the home, including the expenses incurred by the purchaser (taxes, registration and notary fees, etc.), and, in the case of external financing, the amortization, interest and other expenses derived from it.
The limitations on the deduction when the deduction has been enjoyed for other previous habitual residences, or when the sale of a habitual residence has generated an exempt capital gain through reinvestment, as well as the special features in the case of joint taxation, will be those established in general terms in the state regulations governing Personal Income Tax.
Limits
The maximum base of the deductions for the acquisition of housing established by the Autonomous Community of the Region of Murcia have a joint limit of 9,040 euros, reduced by the amounts entitled to the state deduction for investment in habitual housing, excluding, where applicable, the amounts allocated to works to adapt the habitual housing due to disability.
Furthermore, the amount of this deduction may not exceed the amount of 300 euros per year, whether in an individual or joint declaration.
These limits are enforced and controlled by the program.
The regional deduction for the purchase of a home requires that the verified amount of the taxpayer's assets, at the end of the tax period, exceeds the value shown by its verification at the beginning of the period, at least by the amount of the investments made, in accordance with the requirements established in general by the state regulations regulating Personal Income Tax.
Transitional scheme
If the taxpayer applied the regional deduction for investment in a primary residence in 1998, 1999 or 2000, in 2013 he/she may apply a deduction of 2 percent of the amounts paid in the year for the acquisition or renovation of said residence.
This deduction will be 3 per 100 if the general tax base less the personal and family minimum is less than 24,200 euros and the savings tax base does not exceed 1,800 euros.
In both cases, and in the case of acquisition, the requirement must be met that the habitual residence be newly built.
This deduction will be applicable regardless of age.
Taxpayers who applied the regional deductions for the acquisition of housing for young people residing in the Autonomous Community in the Region of Murcia, established for the years 2001 to 2012, may apply this deduction for investment in habitual housing by young people, provided that they meet the requirements for this and, in particular, that of age.
Note:
With respect to the same dwelling, the transitional regime of the regional deduction for investment in habitual housing is incompatible with the application of the general regime of the aforementioned deduction.
Completion:
The window will reflect the amounts paid that give the right to the deduction, taking into account the limitations indicated in the "deduction basis" section.
In the case of marriage and if the amount paid corresponds to the spouses in equal parts, 50% of the total amounts paid by both will be reflected.
If the taxpayer applied the regional deduction for investment in habitual housing in 1998, 1999 or 2000 and wishes to apply the Transitional Regime, he/she must indicate "Yes" in the box provided for this purpose in the data capture window.
VERIFICATION OF THE ASSET SITUATION (art. 70 Law)
The application of the deduction for investment in housing will require that the verified amount of the taxpayer's assets at the end of the tax period exceeds the value shown by its verification at the beginning of the same by at least the amount of the investments made, without taking into account the interest and other financing costs.
For these purposes, increases or decreases in value experienced during the tax period by assets that at the end of the period continue to form part of the taxpayer's assets will not be computed.