Income tax relief widened under reform, with deductions up to €3,000

Taxpayers will be able to claim income tax deductions of up to €3,000 per year under the tax reform that took effect this month, with relief targeting housing costs, green upgrades and electric mobility.

The scheme introduces additional deductions for mortgage interest or rent on a main residence, as well as for energy upgrades and the purchase of an electric vehicle, provided taxpayers meet the income thresholds set out in the legislation.

Eligibility is based on total annual family income.