Deduction for vehicle purchase

The deadline for enjoying a deduction in the Personal Income Tax (IRPF) for the purchase of electric vehicles, plug-in hybrids, and similar vehicles has recently been extended until December 31,2026:

• Pure electric cars (BEV), extended-range electric vehicles (EREV), fuel cell vehicles (FCV), fuel cell hybrids (FCHV), or plug-in hybrids (PHEV).

• Quadricycles and certain motorcycles powered exclusively by electric motors and approved as electric vehicles.

If you acquire one of these vehicles, register it before the end of 2026, and meet certain requirements, you will enjoy a deduction of 15% of its acquisition value, including expenses and taxes inherent to the purchase and deducting the subsidies received to make said acquisition. The maximum deduction base is 20,000 euros, so the deduction on the IRPF tax can be up to 3,000 euros (20,000 × 15%).

 

Deduction for charging points

Likewise, the deduction in the IRPF for the installation of battery recharging systems for electric vehicles not used for economic activities (for private use) has been extended until the end of 2026. If you make one of these investments, you will enjoy a deduction of 15% of the total costs incurred (such as investment in equipment and materials, expenses for installation, and necessary works for its development).

As with the deduction for the purchase of electric vehicles, to calculate the deduction base, you must deduct the amounts that may be subsidized through public aid programs. The maximum annual deduction base is 4,000 euros, so the annual deduction applicable in the IRPF can be up to 600 euros (4,000 × 15%).

To apply both deductions, vehicles and battery recharging facilities cannot be used for economic activities.

 

If you have purchased an electric vehicle for private use or are considering doing so within 2026, contact us. We will advise you on the tax incentives for this investment.