The purchase of a new vehicle, second hand or again, means making a great economic outlay. Furthermore, not only do we have to take on the expenses of your purchase, but also those relating to its maintenance or to Car insurance, which in Spain is mandatory.
An option to relieve the shopping of the latter is to try to do it Dive in the income statementwhat is reserved only for Self -employee who uses the vehicle for professional purposes. In this way, in order to deduct car insurance, it is necessary to justify through a ratio on the economic activity that the car is used to work, as well as indicating why the car is part of it. In this way, An individual will not be able to deduct car insurancenor that autonoma that does not need his car for his work.
In the event that it is a professional alone that he can dishonor car insurance, it is necessary to know the amount to be deduced, which will depend on the number of vehicles for professional purposes in possession and use of the autonomous. Given the case that you have only one, it will be possible Relieve 50% of the insurance premiumsince from Fiscal agency This car will also be considered used for personal purposes.
If, on the other hand, more than one vehicle is available, it will be possible Relieve 100% of the insurance premium That a professional activity is used exclusively, can always be justified in the right way.
To deduct the car insurance you need Fill the 200 box of the tax return, in the “performance of economic activities in direct estimate” and, if necessary, it will be necessary Presents a relationship of economic activityWith which it can be shown that the car is used for commercial purposes.
According to the IRPF law A series of activities are established that must be carried out with the vehicle In order for the professional activity to be taken into consideration: which is used for the transport of goods, which is used for the displacement of professionals or commercial agents, which is intended to provide a consideration of pilot or pilot teaching services or which is used for the provision of traveler transport services.
Other insurance deductible in the income statement
Beyond Car insuranceother insurance can be deduced in the income statement, such as Home insurance This, although it cannot be generally described, exists the exception for insurance linked to a mortgage or which are used for their bonus.
Him life insuranceOn the other hand, it is not deductible with a general character, although it can be deduced if the policy is connected to the mortgage and includes in the amount intended for the purchase of the house. In this way, it can be described every time the mortgage remediation and, moreover, life and savings insurance such as the PPA allows you to be described by the contributions made.
In addition, the can deduce health insurance up to a maximum of 500 euros For each member of the insured family, as well as the prizes of all insurance related to their business. On the other hand, Caseros can deduct the rental for rent.
