A measure that is really interesting for anyone who is interested in buying a car has already been published in the Official State Gazette (BOE). has been approved deduction of 15% in personal income tax for the acquisition of certain vehicles, although it has to be of a specific type. In current times, combustion is taxed and electrification is benefited, so it was to be expected that this measure could only be applied to electricity. buying an electric car. It is a tax benefit that will be in force until the end of 2024.
The personal income tax deduction for the purchase of an electric car will initially last for two years, although it can be extended for another year. The operation is simple, whoever buys an electric vehicle new 15% of its value may be deducted in the next income statement. You have to access it you must pay a minimum of 25% of the value of the vehicle in cash, having to pay the rest before the end of the second subsequent tax period (the following year). Therefore, there are quite a few variables to comply with.
Another issue to keep in mind is that the maximum deductible base is 20,000 euros. This amount includes the purchase value of the car, with expenses and taxes, but discounting the Moves III Plan aid. Therefore, this deduction is compatible with current purchase incentives. There is also the possibility of deducting 15% in personal income tax for the installation of a charging system at home. The user can also take advantage of this tax benefit, taking into account that the maximum deductible amount is 4,000 euros per year and will be applied when the installation is finished.
As for the Corporation tax, there will also be an incentive for charging facilities in the form of early repayment. This may be applied if they are not linked to any economic activity. In any case, a lot has been put together stir by conditions to take advantage of this beneficial taxation.
The first is that you have to buy the car and finalize your payment before December 31, 2024, something that is not possible for many people who opt for financing. On the other hand, the fact that the second hand car, since the electric vehicle still has a very high cost. As you can see, measures are still far from the needs of the majority of users.
Source: Europa Press
