• Make a Donation
  • Ask For Advice

Plan PIVE 8 - Final Edition

Posted in: Information Topic, News Articles,
Author: Richelle de Wit
Tags: ,
5 Comments

Eighth and final edition of the programme PIVE , providing subsidies on the purchase of new cars, meant to reduce the number of older cars on the road, thus providing better road safety and an impulse to Spanish economy. Budget for this edition 225 million euros. Window for applications started the 16th of May 2015 and will last until funds have exhausted.

Things to take into account: 

– Maximum purchase price for regular (gasoline or diesel) turismo cars of 20.000 euros and 40.000 euros for electric or hybrid cars.

– The car to be scrapped has to have been in legal posession of owner for at least 12 months prior to applications of subsidy on purchase of new car.

The car to be scrapped must have valid ITV.

– The Plan PIVE 8 cannot be used in combination with other subsidy programmes for the purchase of vehicles.

– If any funds left from PIVE 7, they will be added to PIVE 8.

– Applicants must be of age, unless disabled, then no age restriction.

Note: please beware that the subsidy you receive is subject to IRPF contributions and must therefore be included in your tax return. Depending on your total income, you might have to pay tax on it varying from 24,75 to 50%.

Please note: The information provided is based upon our understanding of current legislation. It is not legal advice but is provided freely to enable you to be properly informed. We recommend that if you are considering taking action, you should seek professional advice.

How Can Citizens Advice Bureau Spain Benefit You?

As an expatriate living in Spain; do you find that the Spanish bureaucratic system can be disconcerting? Have you discovered that the simplest of transactions are difficult to conclude? Find yourself searching for answers to problems only to discover that there is nowhere where you could find a solution? I am assuming that the answer is yes and that is why should be a member of our web site if you arent already.

Comments

5 Comments

  • #1. Jackie said on Tuesday, May 9, 2017 at 12:15:59 CEST
    x

    Where is it entered on the tax return?

  • #2. Richelle de Wit (Official CAB Advisor) said on Wednesday, May 10, 2017 at 00:34:51 CEST
    x

    Hi Jackie, to the best of my knowledge in Casilla (box) 266.

    Please note: The information I provide is based upon my understanding of current legislation. It is not legal advice but is provided freely to enable you to be properly informed. I recommend that if you are considering taking action, you should seek professional advice.
  • #3. Jackie said on Monday, May 15, 2017 at 19:32:16 CEST
    x

    Very many thanks Richelle.

  • #4. Jackie said on Tuesday, May 16, 2017 at 18:30:53 CEST
    x

    Just as an aside, I received a total of €1500 under PIVE 8.
    I have read, (in the motoring press it has to be said), that 50% of this amount comes as a government subsidy, and the other 50% from the dealer.
    They are saying that in these circumstances only €750 needs to be declared on the Renta.
    Is this correct?.

  • #5. Richelle de Wit (Official CAB Advisor) said on Wednesday, May 17, 2017 at 00:21:58 CEST
    x

    Hola Jackie,

    That´s how I understand it as well, yes.

    Please note: The information I provide is based upon my understanding of current legislation. It is not legal advice but is provided freely to enable you to be properly informed. I recommend that if you are considering taking action, you should seek professional advice.