On 17 September 2026, during an event in Santander, the President of the Spanish Association of Tax Advisors (AEDAF), Bernardo Bande, presented a set of fiscal policy proposals aimed at mitigating the ongoing housing market crisis in Spain. The proposals focus on adjusting tax incentives to increase housing supply, improve affordability, and discourage speculative vacancy. Key measures include reforms to the Personal Income Tax (IRPF) deductions for rental housing, adjustments to the Property Tax (IBI) for empty dwellings, and modifications to the Transfer Tax (ITP) and VAT regimes for new housing acquisitions. AEDAF emphasizes that tax policy must be coordinated with urban planning and social housing strategies.
Key Takeaways
- Enhanced Rental Deductions: Expanding IRPF deductions for landlords who offer affordable rents could incentivize increased rental supply.
- Penalizing Vacancy: Higher IBI rates for long-term empty homes would encourage owners to rent or sell, adding stock to the market.
- Reduced Transaction Costs: Lowering ITP/VAT for first-time buyers and social housing promoters would improve affordability and stimulate construction.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement