Find out what are the requirements to benefit from this tax reduction
Those people who carry out works to improve the energy efficiency of their home can benefit from various tax deductions. This is a reduction in the payment of taxes to the Tax Agency that was approved last year on a temporary basis, but that the Government has extended until December 31, 2023. These benefits to reinforce the protection of energy consumers and contribute to the reduction of natural gas consumption included in the Royal Decree published in the Official State Gazette (BOE) in 2021 will continue for another year.
The three deductions from the Personal Income Tax (IRPF) are applied to the amounts invested in these reforms that contribute to achieving certain improvements in the energy efficiency of the habitual residence and in residential buildings, accredited through a certificate of energy efficiency. And it is that currently saving electricity is one of the most crucial issues for both consumers and governments. Another way to pay less on your electricity bill is to apply for the social bonus that has been extended to more homes.
20% deduction
This is a 20% deduction that can be used by individuals who carry out rehabilitation and improvement works in which a reduction of at least 7% is obtained in the demand for heating and cooling according to the energy efficiency certificate of the House. The house must be the habitual residence of the taxpayer, or that is intended or will be used for rent as a habitual residence. This tax reduction to be paid is 20% up to a maximum of 5,000 euros per home.
40% deduction
This is a 40% deduction from which natural persons who carry out rehabilitation or improvement actions that reduce at least 30% of the consumption of non-renewable primary energy, creditable through the energy efficiency certificate, can benefit. of the home, or improvement of the energy rating of the home to obtain an “A” or “B” energy class, on the same rating scale.
It must be the habitual residence of the taxpayer, or that is intended or will be used to rent it as a habitual residence. They will be able to benefit from this 40% tax reduction when the amount does not exceed 7,500 euros per home.
60% deduction
You will be able to take advantage of this 60% deduction when you achieve a reduction of at least 30% in the consumption of non-renewable primary energy, creditable through the building’s energy efficiency certificate, or improvement of the building’s energy rating to obtain a energy class “A” or “B”, on the same rating scale. In this case, its application period ended on December 31, 2023 and extends until December 31, 2024, and must be improvement actions that affect the building as a whole. The actions cannot exceed 15,000 euros per home to apply the deduction.
In which homes can you carry out the works?
The works can be carried out in your habitual residence or in any other of your ownership that you have leased for use as a home or in expectation of rent, provided that, in this case, you rent it before December 31, 2024. You will not be able to apply the deduction for the part of the work that you carry out in parking spaces, storage rooms, gardens, parks, swimming pools and sports facilities and other similar elements, nor in the part of the house that is affected by an economic activity.
In the case of the 60% deduction, works can be carried out in homes, garage spaces and storage rooms that you own and that are located in buildings of predominantly residential use. The part of the house that is affected by economic activities is not entitled to the deduction.
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