Post by account_disabled on Mar 11, 2024 22:48:22 GMT -7
The Government has approved a decree-law with tax deductions for the rehabilitation of homes. This measure, which aims to rejuvenate and improve the energy efficiency of the Spanish building stock, is in addition to the approval of another decree-law approving aid for the rehabilitation of buildings.
Tax deductions for rehabilitating housing
Since last October 6, a new decree-law has been in force by which three types of tax credits are introduced , for which the Government will allocate 450 million euros. A measure that aims to transform the Spanish building stock, thus trying to achieve the medium-term objective of climate neutrality and promoting employment in the construction and rehabilitation sector in the short term.
This measure is part of the Recovery, Transformation and Resilience Plan, the roadmap that marks the management of European funds to face the crisis generated by Covid-19. Therefore, the investment planned for these tax deductions comes from the Next Generation EU funds for Spain.
According to the text published in the BOE , "three new temporary deductions are introduced in the full state personal income tax quota applicable to the amounts invested in Czech Republic Mobile Number List rehabilitation works that contribute to achieving certain improvements in the energy efficiency of the habitual residence or rented for its purpose." use as housing.” The regulations differentiate three bonuses:
Personal income tax deduction of up to 20%, with a maximum of 5,000 euros per year per home . Applies to home energy rehabilitation works that reduce heating and cooling demand by at least 7%.
This may be demonstrated by comparing the energy efficiency certificate prior to the completion of the work, with the one issued after completion of the work.
Personal income tax deduction of up to 40%, with a maximum of 7,500 euros per year per home . It applies to those works that reduce the consumption of non-renewable primary energy by at least 30% , or to those in which an energy class A or B is achieved in the energy efficiency certificate.
Tax deductions for rehabilitating housing
Since last October 6, a new decree-law has been in force by which three types of tax credits are introduced , for which the Government will allocate 450 million euros. A measure that aims to transform the Spanish building stock, thus trying to achieve the medium-term objective of climate neutrality and promoting employment in the construction and rehabilitation sector in the short term.
This measure is part of the Recovery, Transformation and Resilience Plan, the roadmap that marks the management of European funds to face the crisis generated by Covid-19. Therefore, the investment planned for these tax deductions comes from the Next Generation EU funds for Spain.
According to the text published in the BOE , "three new temporary deductions are introduced in the full state personal income tax quota applicable to the amounts invested in Czech Republic Mobile Number List rehabilitation works that contribute to achieving certain improvements in the energy efficiency of the habitual residence or rented for its purpose." use as housing.” The regulations differentiate three bonuses:
Personal income tax deduction of up to 20%, with a maximum of 5,000 euros per year per home . Applies to home energy rehabilitation works that reduce heating and cooling demand by at least 7%.
This may be demonstrated by comparing the energy efficiency certificate prior to the completion of the work, with the one issued after completion of the work.
Personal income tax deduction of up to 40%, with a maximum of 7,500 euros per year per home . It applies to those works that reduce the consumption of non-renewable primary energy by at least 30% , or to those in which an energy class A or B is achieved in the energy efficiency certificate.