The IDAE publishes a guide to explain the measure, which can be combined with Moves III
MADRID, 14 Dic. (EUROPA PRESS) –
The Government has clarified that the 15% personal income tax deduction can be applied to the purchase of electric vehicles purchased in installments as long as they are for private use, more than 25% of the price is paid before the end of 2024 and the payment is completed. the car before 2026, while it can be combined with the aid from the Moves III Plan, extended until July 2024.
This has been detailed by the Institute for Energy Diversification and Saving (IDAE) in a guide to which Europa Press has had access, which includes the main doubts in this regard and details that consumers who buy an electric vehicle or build A charging infrastructure for private use before 2025 may simultaneously benefit from a 15% deduction in personal income tax and Moves III aid.
In this sense, to benefit from the tax incentive approved at the end of June, the taxpayer will have to submit their tax return with the corresponding amount, while the aid received for both vehicles and charging stations will be considered “capital gains.”
Furthermore, the IDAE emphasizes that the deduction only applies in the case of a new vehicle or infrastructure for private use, so in the case of using it in an economic activity, at the time of its acquisition or later, the right to the deduction.
Likewise, if the amount of the aid received is known when making the declaration, this will be subtracted from the total cost of the vehicle or the charging infrastructure. The maximum base of the deduction is 20,000 euros in the case of a vehicle and 4,000 euros in charging points if its cost is higher, while if it is lower, its normal cost will be applied to the deduction.
Specifically, in a vehicle the amounts subsidized by public aid will be deducted from the base of the deduction, while in a charging infrastructure the subsidized amounts cannot be part of the deduction.
IDAE has recalled the vehicles that can benefit from the 15% deduction in personal income tax are the following: M1 passenger cars, L6e light quadricycles, L7e heavy quadricycles and L3e, L4e, L5e motorcycles, which have more than 50 cm3 or a speed greater than 50 km/h.
Likewise, in category M passenger cars, the models are required to appear in the IDAE vehicle base and to belong to one of the following types of electrified vehicles: pure electric vehicles (BEV), extended range electric vehicles (EREV), plug-in hybrid vehicles (PHEV), fuel cell electric vehicles (FCV) and fuel cell hybrid electric vehicles (FCHV).
