Skip to content
V2043-24 ·23 September 2024 ·consulta-vinculante Medium impact
Tax

Works to remove architectural barriers may increase the acquisition value of a property

A taxpayer inquired whether works carried out by the community of owners to remove architectural barriers can be deducted or used to improve their Personal Income Tax (IRPF) return. The Directorate General for Tax (DGT) responded that, if classified as improvements, they increase the acquisition value for future sales, but do not entitle the taxpayer to a deduction for investment in their primary residence as the works are recent.

In 6 key points

How it affects those involved

This ruling clarifies the distinction between maintenance and improvements, affecting how property owners calculate capital gains and tax deductions for home renovations.

Lifecycle

2024-09-23PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact