Skip to main content
Form 100. 2018 Personal Income Tax return

10,14,3. For amounts invested in the purchase or construction of a primary residence for young people

Young people who are normally resident in the Autonomous Community of La Rioja who acquire the property that, based in this Autonomous Community, or you are going to be your primary residence, provided that the requirements for entitlement to the State deduction for investment in a primary residence are met, they may be deducted on 3% of the amounts invested, when the following CONDITIONS are met: 100

  • Young people with the right to deduction are considered to be those who have not reached the age of 36 at the end of the tax period. This requirement will be controlled by the program.

  • These amounts must be paid in the year for the construction, extension or purchase of the property, which, in addition to being in the Autonomous Community of La Rioja, constitutes or is going to be the taxpayer's habitual residence.

  • The requirements for entitlement to the State deduction for investment in the acquisition or construction of a primary residence established in Transitional Provision 18 of Act 35/2006 on Personal Income Tax must be met.

Only taxpayers who have purchased their primary residence before January 1, 2013, or who have paid amounts before that date for the construction of the same, will be entitled to this deduction. In the latter case, except for the exceptional extensions provided for in the tax regulations in force at 31 December 2012, the works must end before the term of four years from the start of the investment, in accordance with the applicable deduction scheme in the event of the construction of a main residence. In any case, it will be necessary for the taxpayer to have made the deduction for investment in a primary residence in a tax period accrued before 1 January of 2013, unless the provisions of article 68,1,2 of the Personal Income Tax Act 35/2016, relating to the limits, have been applicable of the application of the deduction for the acquisition or renovation of other habitual residences above and for the generation of an exempt capital gain for reinvestment, which they prevent the practice of the deduction for the renovation of the new one, provided that certain amounts detailed in that article are not exceeded.

IMPORTANT: If the general net tax base subject to taxation (general net tax base less personal and family tax-free threshold) does not exceed of 18,030 euros in individual taxation and 30,050 euros in the case of joint taxation, provided that the net tax base of the savings subject to taxation ( net savings base less the excess of the personal and family tax-free threshold on the general net tax base) does not exceed 1,800 euros, it may be applied a percentage of deduction of 5% of the amounts invested. 100 The net base limits will be controlled by the program.

As for the concepts of construction, extension, habitual residence and elements that comprise the deduction base, as well as the verification of the capital situation at the end of the tax period, the same requirements as are generally established in the Tax Act are applicable.

In particular, the deduction limits established in the state tax regulations for the cases of purchase of a home will be governed by the applicable tax legislation he has usually received a deduction (general or regional) for other previous habitual residences, and a purchase of a main residence after the disposal of the previous habitual residence, generating an exempt capital gain for reinvestment.

Limits of the Autonomous Community deductions of La Rioja

The annual maximum base of the regional deductions for the purchase of a home and a second home in rural areas will be constituted by the amount resulting from reducing the amount of 9,040 euros in amounts that constitute the basis for the taxpayer's deduction for investment in a primary residence provided for in the state tax regulations.

For these purposes, the basis of the State deduction will not be taken into account, where applicable, for the works or installations of adaptation carried out by persons with disabilities referred to in article 68,1,4 of the Personal Income Tax Act.

In addition, these regional deductions for the purchase of a home require that the verified amount of the taxpayer's assets, at the end of the period of the deposit, exceed the value of the verification at the beginning of the tax year, in accordance with article 70 of the Personal Income Tax Act.

Completion

The window will show the amounts paid by the holder of the tax return that give entitlement to the deduction, taking into account the limitations indicated in the deduction base section.

In the event 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. 100

Verification OF THE CAPITAL SITUATION (Article 70 of the Act)

The application of the deduction for investment in property will require that the verified amount of the taxpayer's assets at the end of the period of the deposit exceeds value that would be verified at the beginning of the check at least in the amount of the investments made, without including interest and other financing expenses.

For these purposes, increases or decreases in value experienced during the tax period will not be counted for the equity elements that at the end of the period continue to form part of the taxpayer's assets