Amount of the deduction and incompatibilities with the remaining deductions for energy efficiency improvement works

Amount of deduction

A. Basis of the deduction

• For the 2021 fiscal year, the basis for this deduction will be the amounts paid, box [1677] of the declaration , by credit or debit card, bank transfer, personal check or deposit into accounts in credit institutions , to the persons or entities that carry out such works, as well as to the persons or entities that issue the aforementioned certificates.

  However, any amounts have been subsidized through a public aid program or are to be by virtue of a final resolution granting such aid will be discounted.

  Note: In no case will amounts paid through legal tender money give the right to deduct.

  For these purposes, the amounts paid for the works carried out will be considered those necessary for their execution, including professional fees, costs of drafting technical projects, construction management, cost of execution of works or installations, investment in equipment and materials and other expenses necessary for their development, as well as the issuance of the corresponding energy efficiency certificates.

  Note: In any case, will not be considered in these amounts the costs related to the installation or replacement of equipment that uses fossil fuels.

  In the case of housing of a joint property nature, the amounts paid from the joint property by a marriage under a legal joint property regime will be attributed to each spouse at 50 percent .

• Works carried out by a community of owners

  In this case, the aforementioned means of payment (credit or debit cards, bank transfer, personal check or deposit into accounts in credit institutions) must be used by the community of owners when paying for the works to the persons or entities that carry them out.

  This deduction for improvement works is applied to the amounts paid, without the regulations governing it establishing special rules for cases in which external financing is used.

  The amount that can be used as the basis for each taxpayer's deduction will be determined by applying the coefficient of participation that the taxpayer had in the community to the amounts paid by the owners' association.

  If the invoice identifies the community of owners as the final recipient, the taxpayer may justify the investment and expenditure made through receipts issued by the community in which payment of the amounts proportionally corresponding to them is required, documents proving payment of the same, documents justifying the works carried out and other means of proof admissible by law.

B. Maximum deduction base

The maximum annual base for declaring this deduction will be 5,000 euros per year .

C. Excess over the maximum deduction base, transfer to the following four fiscal years and maximum accumulated deduction base

The amounts paid but not deducted (pending deduction bases) for exceeding the maximum annual deduction base may be deducted, with the same limit, in the following four fiscal years, without in any case the accumulated deduction base being able to exceed 15,000 euros (multi-annual maximum limit).

D. Deduction percentage

The deduction percentage applicable to the deduction base, in the terms discussed above, is 60 percent .

Incompatibilities

This deduction will be incompatible with the deductions “ For improvement works that reduce the demand for heating and cooling ” and “ For improvement works that reduce the consumption of non-renewable primary energy ” in those cases in which the accredited improvement and the amounts paid correspond to actions carried out in the entire building.