Income 2021: What deductions do you have for rent on the tax return?

full 2021 Income CampaignThere are many doubts when you sit in front of the computer and start detailing it. Paperwork, appointments, various procedures… some people can get bogged down in their liquidation and give up on things that are much more important to the taxpayer. Between them rent cuts.

And this, rent reduction This is a possibility depending on your autonomous community, age and income. While the state regime for rental housing benefits fewer and fewer people, many of the autonomies have cuts.

At the national level, only rentals before 2015 are eligible for a discount. If you signed the lease before January 1, 2015 you can drop, no if you did it later. In this sense, it does not matter how many times the contract is extended, as long as it does not contain significant changes. Also, you cannot exceed an income level to enforce it. Thus, the rental cut in 2021 is 10% on the basis of a maximum of 9,040 Euros. Again, only those who add a base of less than 17,707.2 euros will be able to apply it.

by communities

In Andalusia There is a rental deduction of 15% of the amount paid, with a maximum possible deduction of 500 Euros. taxpayer Must be under 35 until the tax due date (normally 31 December). In joint taxation, this age requirement must be met by at least one of the spouses. In addition, the sum of the tax bases cannot exceed 24,000 Euros. Individuals cannot exceed 19,000.

In Aragonhas a 10% deduction, one of the most favorable, with a maximum deduction floor of up to 4,800 euros. The total tax base cannot exceed 25,000 Euros. Individuals cannot exceed 15,000.

In Asturias the deduction is 10% of the amount paid, with a limit of up to 455 euros in the habitual residence exemption; In rural areas, 15%, up to 606 Euros; or 20%, up to 700 euros in rural areas with a risk of depopulation.

In Balearic Islands There are two types. One can be deducted in favor of certain groups by paying a maximum of 400 Euros from the exemption with 15%. On the other hand, for the transfer of residence due to work, there is a maximum deduction of 400 Euros.

In Canary Islands Two deductions are given. A general rent up to 20% of the amount paid, with a maximum deduction of 600 euros, with certain lease limitations. Also, there are deductions for date-related rent in payment transactions of 25% of the amount paid, for a maximum deduction of EUR 1,200.

In Cantabrian the deduction is 10% of the amount paid with 300 euros deductible in individual taxation and 600 euros jointly. What you need to do to benefit Be a person under the age of 35, with a physical, mental or sensory disability, who is 65 or older, or has a disability degree equal to or greater than 65%. Also, you won’t be able to 22.946 € in individual taxation or €31,485 in common taxation

In Castile-la-Mancha Up to five types of deductions count for rent. Depending on the situation, the maximum amount is 20% of the amount paid, with a limit of up to 612 Euros. Cases considered generally include housing, extended families, single-parent families, disability, paid dating or being under 36 years old.

In the case of Castile and Leon, deductions reach 20% of the amount paid in the exemption with a general limit of 459 euros, or 25% and 612 euros in municipalities or smaller local establishments. Taxpayers must be under the age of 36 and 18.900 € in taxation individual and 31.500 euro in taxation joint.

In Catalonia The deduction will be 10% of the amount paid, taking into account the limits of up to 600 Euros in the deduction and one of the following conditions: Being under 32 years old, Unemployed for 183 days or more during exercise, a Disability greater than or equal to 65% or widowed and over 65 years of age.

In the case of Estremadura, the deduction is 5% of what is paid in towns with a population of less than 3,000, with a limit of 10% for residential buildings in rural areas and 300 euros per year in the exemption, which reaches 400 euros. Requirements include age, income, or no other usable home within 75 kilometers.

In Galicia, deductions are 10% of the amount paid with a limit of 300 Euros. For children, this rate is doubled to 20% and 600 Euros and increased due to disability. You must meet certain ages, contract dates, and income received.

In Rioja The deduction is 10% of the amounts paid and a maximum of 300 Euros per year. In small municipalities it goes up to 20% and 400 euros. Again, there are age and income requirements.

In Madrid, one of the most favorable, the deduction reaches 30% of the amount paid, with a maximum of 1,000 Euros to be deducted both on the joint and individual declaration. There are age or income restrictions.

Finally, in Valencian Community There are two types of interruptions. One per habitual residence, up to 30% of what is paid, depending on age, income, disability or gender-based violence, with upper limits of 1,000 Euros in deduction. Details can be obtained from the Tax Office. The other is for rent as a result of an unusual activity in the municipality. It is 10% with a limit of 204 euros. Terms apply.

Here you can check all deductions made by autonomous communities.

Source: Informacion

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