The United Income Tax Association points out that, in view of the increased energy costs, it can be worth investing in renovation measures using renewable energies in your own home. Owners could claim up to 20 percent of the costs and up to 40,000 euros for tax purposes for energy-related refurbishment measures. This is regulated in paragraph 35c, paragraph 1 of the Income Tax Act.
According to the United Income Tax Assistance Association, energy-related refurbishment measures can include, for example, the thermal insulation of walls, roof areas or ceilings, the replacement or installation of a ventilation system or the replacement of a heating system or the optimization of existing heating systems. The costs can then be deducted via the tax return, spread over three years.
A maximum of seven percent of the costs and a maximum of EUR 14,000 can be deducted in the year of the energy-related building refurbishment measure and in the following calendar year. In the second calendar year thereafter, it is a maximum of six percent of the expenses and a maximum of 12,000 euros. However, the prerequisite for this is an invoice, payment by bank transfer and a certificate from an authorized specialist company or energy consultant. In addition, not all measures can be claimed. These include, for example, publicly funded renovation measures.
Source and further information: vhl.de
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