Period of the accounts housings and innovations

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02-11-2008 | Javier Gomez

It counts housing

Other one of the serious consequences that is having the current financial crisis is the existing difficulty to gain access easily on credits with which to buy the housing. Many chose, in the last years, to open an account housing to make use of his tax benefits with sight to the buy in an average period of his house. Nevertheless, there comes to many others the expiration of his 4 years of term of maintenance of the account housing, and it are that they cannot buy or do not want to buy the housing. What to do then with the invested in this account?

What is the account housing?

Basically, the account housing is a financial product of saving with which you can obtain a good tax system for a money that in the maximum space of 4 years you are going to invest in a housing. Of the money that annually you deposit in the account housing you will be able to eliminate tax on 15 % in your following Treasury Department declaration, with an annual maximum limit of 1.352 € (15 % of 9015 €, maximum ceiling). But, between other requisites, at present there exists the obligation of which spent these 4 years from the hiring of the account housing you must destine these savings to the buy or rehabilitation of the habitual housing. It will be considered then that the quantities that should not have arranged ne this term to themselves for these concepts have no right to tax allowance, and therefore, it is necessary to return everything eliminated tax up to this date for this not ready amount.

What to do then when he conquers the term?

Right now, with the current legislation, it is possible only to return everything eliminated tax for the quantity that has not invested in buying or to rehabilitating the habitual housing. But also, we will have to return the interests of delay corresponding to these eliminated tax quantities of more.

To postpone up to 6 years the return of the accounts housings?

Solbes made to see that the Government is studying the possibility of postponing up to 6 years the possibility of returning or of investing the saved in an account housing, at least until this complicated situation happens, and does it being based that is not in hands of the consumer the one that could or not to buy the housing, considering the credit restrictions that exist at present, and therefore, it is not possible to consider him to be a culprit of that should not buy the housing.

Nevertheless, on the other hand, that leaves also the route opened to that those who prefer not to buy the housing because he believes that the prices will keep on going down, or because they study other possibilities of investment, they could have two years of moratorium more.

Is it then a momentary patch to settle the problem which there face more than 50.000 accounts housings that this year they conquer? In principle, this is what seems, since also this measurement is going to harm clearly to the sale of housings, with what it will mean another small blow for the real estate market. Also, for these two years of any more, the thifty person will not be able to be eliminated tax fiscally by what the account housing loses his meaning of life and will stop being profitable.

What are the measurements that the Government studies?

His intention is to raise up to 6 years the period of the accounts current housings, so that the thifty persons have two years of moratorium more to be able to buy the housing. Nevertheless, and although he benefits of that there neither will be penalization he will not even have to return the eliminated tax in the 4 previous years, during these two years, the thifty person will not benefit of the advantages of an account housing.

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