🏛️💶 Government proposes tax penalties for landlords raising rents

Oneliner

The Spanish government is proposing to reduce tax deductions for landlords who increase rents upon contract renewal, while offering incentives of up to 100% for those who lower rents. This initiative aims to address the rising rental prices that have made housing unaffordable for many, particularly young people. The proposal is still in negotiation and requires parliamentary approval, with coalition partners expressing concerns about its effectiveness. If implemented, the changes would adjust the current 50% tax deduction based on rent increases, maintaining some benefits for landlords.

Key points

• The government plans to reduce tax deductions for landlords who increase rents upon contract renewal.
• Incentives of up to 100% will be offered to landlords who lower rents.
• The proposal is still in the negotiation phase and requires parliamentary approval.
• The changes aim to address rising rental prices affecting vulnerable populations.

Links

• El País: El Gobierno estudia una penalización en el IRPF a los caseros que suban el alquiler
• ABC: El Gobierno quiere imponer penalizaciones en el IRPF a los caseros que suban el alquiler
• efe.com: El Gobierno estudia reducir las deducciones en el IRPF a los caseros que suban el alquiler por encima del IPC
• Europa Press: El Gobierno estudia penalizar en el IRPF a los caseros que suban el alquiler
• Público: El Gobierno contempla aplicar sanciones fiscales en el IRPF para los caseros que suban el alquiler

Facts

• The proposed tax penalties would apply only to rent increases at the end of a lease.
• Current rental prices in Spain have increased by approximately 41.5% over the past five years.
• The government aims to offer up to 100% tax relief for landlords who do not raise rents.
• The proposal is still in the negotiation phase and requires approval from the Congress of Deputies.

Quotes

• It is a proposal that is being worked on and is in line with what the Government has always defended: to incentivise behaviours that serve the public interest and to disincentivise those that do not — Ministry of Housing source.
• The government has not thrown in the towel nor surrendered in its search for an agreement to advance the recent measures — Minister of Housing Isabel Rodríguez.

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