Deductions for energy efficiency improvement works in homes
Regulations:Additional Provision Fiftieth of the Personal Income Tax Law
Royal Decree-Law 19/2021, of October 5, on urgent measures to promote building rehabilitation activity in the context of the Recovery, Transformation and Resilience Plan, has modified the Law of PIT to introduce three new temporary deductions in the state's full tax rate, applicable to amounts invested in renovation works that contribute to achieving certain improvements in the energy efficiency of primary or rented homes and residential buildings, certified through an energy efficiency certificate.
Note: The amount of these deductions will be subtracted from the full state quota after the deductions provided for in sections 1 (Deduction for investment in new or recently created companies), 2 (Deductions in economic activities), 3 (Deductions for donations and other contributions), 4 (Deduction for income obtained in Ceuta or Melilla), and 5 (Deduction for actions for the protection and dissemination of the Spanish Historical Heritage and the cities, groups and assets declared World Heritage) of article 68 of the Law of the PIT.
These deductions are:
- 1. Deduction for improvement works to reduce heating and cooling demand
- 2. Deduction for improvement works that reduce the consumption of non-renewable primary energy
- 3. Deduction for energy rehabilitation works in buildings predominantly used for residential purposes
- Summary table: Deductions for energy efficiency improvement works in homes