What tax benefits are there for the construction of energy-efficient houses?
July 4, 2024 | 40,00 EUR | answered by Tatiana Seiler
Dear tax advisor,
My name is Louis Altmayer and I am planning to build an energy-efficient house. Having thoroughly researched the topic, I am aware of the many benefits that energy-efficient houses offer, both for the environment and for the wallet. However, I would like to learn more about the tax aspects.
Specifically, I am interested in knowing what tax benefits are available for the construction of energy-efficient houses. I am aware that there are funding programs and tax incentives for energy-efficient building, but I am unsure of the specific opportunities that I can take advantage of.
I am also concerned about potentially overlooking or incorrectly applying for tax benefits, which could lead to financial disadvantages. Therefore, it would be very helpful for me to receive comprehensive information from you on what tax incentives I can utilize for the construction of my energy-efficient house.
I would appreciate it if you could provide me with specific information on this topic and show me possible solutions on how I can optimally utilize the tax benefits.
Thank you in advance for your support.
Sincerely,
Louis Altmayer
Dear Mr. Altmayer,
Thank you for your inquiry regarding the tax aspects of building an energy-efficient house. I am pleased that you are engaging with this topic intensively and recognizing the benefits of energy-efficient construction. In fact, there are a variety of tax advantages and funding opportunities that you can take advantage of when constructing your energy-efficient house.
First and foremost, it is important to know that the construction of an energy-efficient house is considered an energy renovation measure and can therefore benefit from various funding programs and tax breaks. One of the key points is the possibility of receiving funding from KfW bank or other governmental institutions. This funding can be provided as low-interest loans or grants and aims to support energy-efficient construction.
Furthermore, there are tax advantages within the income tax return. For example, you can deduct the costs of the energy renovation of your house from your taxes. This includes costs for insulation, the installation of energy-efficient windows and doors, as well as the installation of an efficient heating system. These costs can be listed as craft services in the tax return, thereby reducing your tax burden.
Another important point is the depreciation of investment costs for energy-efficient construction. Here, you can deduct the costs of energy renovation over several years, thereby reducing your tax burden. However, it is important to adhere to the exact regulations and requirements for depreciation to avoid any mistakes.
To fully utilize the tax benefits, I recommend seeking advice from an experienced tax advisor. A tax advisor can help identify the various funding opportunities and tax advantages relevant to your energy-efficient house and assist you with the correct application process.
Overall, building an energy-efficient house offers many tax benefits worth examining further. With careful planning and consultation, you can optimize the tax opportunities and achieve financial benefits.
I hope this information has been helpful to you and I am available for further questions.
Best regards,
Tatiana Seiler
Tax Advisor
