10.14.3. For amounts invested in the acquisition or construction of habitual housing for young people
Young people with habitual residence in the Autonomous Community of La Rioja who acquire the home that, while residing in this Autonomous Community, constitutes or will constitute their habitual residence, provided that the requirements are met to be entitled to the state deduction for investment in housing. As usual, 3 per 100 may be deducted from the amounts invested, when the following CONDITIONS are met:
Young people with the right to deduction are considered to be those who have not reached 36 years of age at the end of the tax period. This requirement will be controlled by the program.
These must be amounts paid during the year for the construction, expansion, or acquisition of housing that, in addition to being located in the Autonomous Community of La Rioja, constitutes or will constitute the habitual residence of the taxpayer.
The requirements must be met to be entitled to the state deduction for investment in the acquisition or construction of a habitual residence established in Transitional Provision 18 of Law 35/2006 of Personal Income Tax.
Only the aforementioned taxpayers who had acquired their habitual residence before January 1, 2013, or paid amounts prior to said date for its construction, will be entitled to this deduction. In the latter case, except for the exceptional extensions contemplated in the tax regulations in force on December 31, 2012, the works must be completed within a period of four years from the start of the investment, in accordance with the deduction regime applicable in the case of construction of habitual housing. In any case, it will be necessary for the taxpayer to have made the deduction for investment in habitual residence in a tax period accrued before January 1, 2013, unless the provisions of article 68.1.2 of Law 35/2016 have been applicable. of personal income tax, relating to the limits of the application of the deduction for the acquisition or rehabilitation of other previous habitual residences and for the generation of an exempt capital gain through reinvestment, which prevent the practice of the deduction for rehabilitation of the new one as long as it is not exceed certain amounts detailed in said article.
IMPORTANT: In the event that the general taxable base subject to taxation (general taxable base less the personal and family minimum) does not exceed 18,030 euros in individual taxation and 30,050 euros in the case of joint taxation, provided that the taxable base of the savings subject to taxation (taxable base of savings less the excess of the personal and family minimum over the general taxable base) does not exceed 1,800 euros, a deduction percentage of 5 per 100 of the amounts invested may be applied . The liquidable base limits will be controlled by the program.
Regarding the concepts of construction, extension, habitual residence and elements that make up the basis of the deduction as well as verification of the financial situation at the end of the tax period, the same requirements that are generally established in the Tax Law.
Particularly, the deduction limits established in the state regulations regulating the tax will govern for cases of acquisition of a habitual residence having enjoyed a deduction (general or regional) for other previous habitual residences, and of acquisition of a habitual residence after the sale of the home. previous usual with generation of an exempt capital gain through reinvestment.
LIMITS of the regional deductions of La Rioja
The maximum annual base of regional deductions for the purchase of housing and second homes in rural areas will be constituted by the amount resulting from reducing the amount of 9,040 euros in those amounts that constitute for the taxpayer the basis of the deduction for investment in habitual residence contemplated in the state tax regulations.
For these purposes, when considering the basis of the state deduction, the corresponding, if applicable, adaptation works or installations carried out by people with disabilities referred to in article 68.1.4 of the Personal Income Tax Law.
Furthermore, these regional deductions for the purchase of housing 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 tax period, in accordance with article 70 of the Personal Income Tax Law.
The window will reflect the amounts paid by the holder of the declaration that give the right to the deduction, taking into account the limitations indicated in the base section of the deduction.
In the case of marriage and if the amount paid corresponds to the spouses equally, 50% of the total amounts paid by both will be reflected.
VERIFICATION OF THE ASSETS 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 period, at least by the amount of the investments made, without computing interest. and other financing expenses.
For these purposes, the increases or decreases in value experienced during the tax period by the assets that at the end of the period continue to form part of the taxpayer's assets will not be computed.