Back to home Economy

Middle‑income renters could save €500 in tax under new housing decree

Adam ·
Middle‑income renters could save €500 in tax under new housing decree

Spain’s latest housing decree could put up to €500 back in the pockets of many renters.

  1. The government plan adds a 10% tax credit on rent payments for tenants whose annual income is below €33,007.
  2. The benefit only applies in “tensioned” residential markets—areas identified by the autonomous community as having high demand.
  3. Tax authorities estimate the measure will cost about €820 million and could help roughly 1.6 million taxpayers, averaging a €512 saving per person.

If the parliament gives its final sign‑off, qualifying renters can look forward to a noticeable reduction in their IRPF bill.

← Previous Antonio Garamendi Secures Third Term as CEOE President Until 2030 Next → How to Force Your Building to Start Repair Work After Paying a Special Assessment