diff --git a/app/models/validations/sales/soft_validations.rb b/app/models/validations/sales/soft_validations.rb
index 51326a2f4..fccd9bf83 100644
--- a/app/models/validations/sales/soft_validations.rb
+++ b/app/models/validations/sales/soft_validations.rb
@@ -68,6 +68,7 @@ module Validations::Sales::SoftValidations
   end
 
   def extra_borrowing_expected_but_not_reported?
+    return unless saledate && !form.start_year_after_2024?
     return unless extrabor && mortgage && deposit && value && discount
 
     extrabor != 1 && mortgage + deposit > value - value * discount / 100
diff --git a/spec/models/validations/sales/soft_validations_spec.rb b/spec/models/validations/sales/soft_validations_spec.rb
index b64eb1bde..8ce602d36 100644
--- a/spec/models/validations/sales/soft_validations_spec.rb
+++ b/spec/models/validations/sales/soft_validations_spec.rb
@@ -267,69 +267,87 @@ RSpec.describe Validations::Sales::SoftValidations do
     end
 
     context "when validating extra borrowing" do
-      it "returns false if extrabor not present" do
-        record.mortgage = 50_000
-        record.deposit = 40_000
-        record.value = 100_000
-        record.discount = 11
-        expect(record)
-          .not_to be_extra_borrowing_expected_but_not_reported
-      end
+      context "when the log is for 2023" do
+        let(:record) { build(:sales_log, saledate: Time.zone.local(2023, 12, 1)) }
+
+        it "returns false if extrabor not present" do
+          record.mortgage = 50_000
+          record.deposit = 40_000
+          record.value = 100_000
+          record.discount = 11
+          expect(record)
+            .not_to be_extra_borrowing_expected_but_not_reported
+        end
 
-      it "returns false if mortgage not present" do
-        record.extrabor = 2
-        record.deposit = 40_000
-        record.value = 100_000
-        record.discount = 11
-        expect(record)
-          .not_to be_extra_borrowing_expected_but_not_reported
-      end
+        it "returns false if mortgage not present" do
+          record.extrabor = 2
+          record.deposit = 40_000
+          record.value = 100_000
+          record.discount = 11
+          expect(record)
+            .not_to be_extra_borrowing_expected_but_not_reported
+        end
 
-      it "returns false if deposit not present" do
-        record.extrabor = 2
-        record.mortgage = 50_000
-        record.value = 100_000
-        record.discount = 11
-        expect(record)
-          .not_to be_extra_borrowing_expected_but_not_reported
-      end
+        it "returns false if deposit not present" do
+          record.extrabor = 2
+          record.mortgage = 50_000
+          record.value = 100_000
+          record.discount = 11
+          expect(record)
+            .not_to be_extra_borrowing_expected_but_not_reported
+        end
 
-      it "returns false if value not present" do
-        record.extrabor = 2
-        record.mortgage = 50_000
-        record.deposit = 40_000
-        record.discount = 11
-        expect(record)
-          .not_to be_extra_borrowing_expected_but_not_reported
-      end
+        it "returns false if value not present" do
+          record.extrabor = 2
+          record.mortgage = 50_000
+          record.deposit = 40_000
+          record.discount = 11
+          expect(record)
+            .not_to be_extra_borrowing_expected_but_not_reported
+        end
 
-      it "returns false if discount not present" do
-        record.extrabor = 2
-        record.mortgage = 50_000
-        record.deposit = 40_000
-        record.value = 100_000
-        expect(record)
-          .not_to be_extra_borrowing_expected_but_not_reported
-      end
+        it "returns false if discount not present" do
+          record.extrabor = 2
+          record.mortgage = 50_000
+          record.deposit = 40_000
+          record.value = 100_000
+          expect(record)
+            .not_to be_extra_borrowing_expected_but_not_reported
+        end
 
-      it "returns false if extra borrowing expected and reported" do
-        record.extrabor = 1
-        record.mortgage = 50_000
-        record.deposit = 40_000
-        record.value = 100_000
-        record.discount = 11
-        expect(record)
-          .not_to be_extra_borrowing_expected_but_not_reported
+        it "returns false if extra borrowing expected and reported" do
+          record.extrabor = 1
+          record.mortgage = 50_000
+          record.deposit = 40_000
+          record.value = 100_000
+          record.discount = 11
+          expect(record)
+            .not_to be_extra_borrowing_expected_but_not_reported
+        end
+
+        it "returns true if extra borrowing expected but not reported" do
+          record.extrabor = 2
+          record.mortgage = 50_000
+          record.deposit = 40_000
+          record.value = 100_000
+          record.discount = 11
+          expect(record)
+            .to be_extra_borrowing_expected_but_not_reported
+        end
       end
 
-      it "returns true if extra borrowing expected but not reported" do
-        record.extrabor = 2
-        record.mortgage = 50_000
-        record.deposit = 40_000
-        record.value = 100_000
-        record.discount = 11
-        expect(record)
-          .to be_extra_borrowing_expected_but_not_reported
+      context "when the log is for 2024" do
+        let(:record) { build(:sales_log, saledate: Time.zone.local(2024, 12, 1)) }
+
+        it "returns false for logs from 2024 onwards" do
+          record.extrabor = 2
+          record.mortgage = 50_000
+          record.deposit = 40_000
+          record.value = 100_000
+          record.discount = 11
+          expect(record)
+            .not_to be_extra_borrowing_expected_but_not_reported
+        end
       end
     end
   end