The measure is part of a package of tax breaks promoted by the authorities, which aim to support greater access to housing and reduce the financial burden for young families as well as citizens purchasing their first home.
As explained by the former Minister of Finance, now an MP from the Action and Solidarity party announced Victoria Belous, taxpayers will be able to reduce their taxable income by the amount of interest paid on mortgage loans, but not more than 16,100 lei per year. This opportunity will be available to people who bought their first home on credit and who are not participants of state programs such as “First Housing”.
In case of joint ownership of housing, the right to deduction is granted to each owner in proportion to his share. At the same time, the total amount of the deduction granted to both spouses cannot exceed 16,100 lei per year.
In order to benefit from this benefit, taxpayers need to have a loan agreement and a bank statement confirming the amount of interest paid. They must submit to the State Tax Service an income tax declaration for 2025, in which they must indicate the expenses incurred for the interest paid on the mortgage loan.
