Vulnerable families exempt from VAT on electric car purchases

The government will offer VAT exemptions for vulnerable families buying electric vehicles, part of a program supporting over 20,000 electric vehicle acquisitions with up to 80% co-financing (capped at 15,000 euros). Beneficiaries include those currently receiving the social energy tariff or households with income up to 80% of the median (11,572 euros net annual income per adult). Payments will be issued via a voucher system starting in early 2027, provided vehicles are 100% electric and no older than five years, with a mandatory three-year ownership retention.

Why it matters

If you are a vulnerable household or a micro-enterprise with fewer than ten employees, you may be eligible for significant government subsidies and a VAT exemption to purchase an electric vehicle starting in early 2027.

Observador· 1h agoRead original ↗

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