With the arrival of the 2023-24 income tax season, taxpayers in Catalonia have the opportunity to access a series of tax deductions, among which the deduction for renting a primary residence stands out.
This tax benefit, designed to alleviate the economic burden on tenants, offers the possibility of deducting up to 10% of the amount of the rent, with a maximum limit of 300 euros per year for most cases and 600 euros for large families.
However, in order to qualify for this deduction, it is necessary to comply with certain requirements established by the Catalan tax authorities.
Conditions to apply for the deduction for housing rentals
One of the main conditions to apply for this deduction is to be 32 years old or younger at the end of the tax year corresponding to the income tax return.
In addition, those taxpayers who have been unemployed for 183 days or more in the tax year, as well as those with a degree of disability equal to or greater than 65%, can also access this benefit.
Similarly, widows and widowers who are 65 years of age or older are eligible to claim this deduction.
It is important to note that, in the case of marriages under community property regime, only the spouse appearing on the lease can claim the deduction for rent.
In addition, the maximum deduction limit is 300 euros per year for most cases, but rises to 600 euros per year in the case of large or single-parent families, as long as the established requirements are met.
For marriages under marital property regime, it is important to note that only the spouse appearing on the lease can claim the deduction. As for the maximum deduction limits, these vary according to the taxpayer’s situation.
Other considerations
In order to benefit from this deduction, the amounts paid for rent must exceed 10% of the taxpayer’s net income. It is important to note that this deduction can only be applied once, even if the taxpayer meets multiple conditions to qualify for it.
In addition, the amounts paid for rent must exceed 10% of the taxpayer’s net income in order to qualify for this one-time deduction.
Finally, adequate documentary evidence, such as the rental contract and rent payment receipts, must be available to meet any requirement of the Tax Agency.
The rental deduction in Catalonia offers significant tax relief for tenants who meet the established requirements. With a maximum limit of up to 600 euros per year, this measure seeks to promote access to housing and alleviate the financial burden of those who opt for renting as a form of residence.
