The answer is yes. However, in order to qualify for this deduction, vehicles must meet the following requirements:
- They must belong to one of the following categories: passenger cars (M1), light quadricycles (L6e), heavy quadricycles (L7e), or motorcycles (L3e, L4e, or L5e).
- The vehicle models must be eligible for subsidies under national regulations (MOVES III program).
- They must not be used for economic or business activities.
- They must be registered for the first time in Spain under the name of the taxpayer.
- The purchase price of the vehicle may not exceed the maximum amount established under national regulations (MOVES III program).
What is the maximum deduction base and the applicable percentage?
The maximum deduction base is €20,000 and consists of the acquisition value of the vehicle, including expenses and taxes inherent to the purchase. Any amounts that have been, or will be, subsidized through public aid programs must be deducted from this base.
Taxpayers may apply a deduction of 15% to the maximum deduction base, i.e., up to €3,000.
At PLANA VENTURA GARCÉS, we are available to assess the potential application of this deduction in your specific case. We will first verify compliance with the applicable requirements, calculate the correct deductible amount, review the necessary supporting documentation, and advise you on properly including this deduction in your Personal Income Tax return (IRPF).
