The energy-efficient refurbishment of properties plays a crucial role in the fight against climate change and in increasing energy efficiency. In view of current developments in the real estate industry, numerous tax incentives and changes are in force that can help owners and investors to reduce the costs of energy-efficient renovations.
Focus on tax incentives
- Tax deductibility of refurbishment costs: Owners can deduct certain costs for energy-efficient refurbishments from their taxes. This includes expenses for structural measures as well as for the purchase of energy-efficient systems.
- Funding from the Federal Office of Economics and Export Control (BAFA): BAFA offers grants and loans for measures to improve energy efficiency. These programs support owners in implementing renovations that reduce energy consumption.
- KfW funding programs: The Kreditanstalt für Wiederaufbau (KfW) offers low-interest loans and investment grants for energy-efficient renovations. Owners benefit from attractive conditions if they take measures to improve energy efficiency.
Changes to tax regulations
With the current legal changes, there are some important aspects to consider:
- New regulations on tax returns: In order to make the most of the tax benefits, owners should be fully aware of the new regulations on the deductibility of renovation costs in their tax return. This includes documenting all relevant expenses.
- Deadlines for funding applications: It is important to keep an eye on the deadlines for applying for funding. These can vary depending on the program and should be adhered to in good time in order to secure financial support.
- Introduction of additional subsidies: The German government is planning to introduce additional subsidies for innovative energy-saving measures. This could offer owners new opportunities to renovate their properties to make them more energy-efficient and benefit from tax relief.
Conclusion
The energy-efficient refurbishment of properties is not only driven by ecological considerations, but also by attractive tax incentives that help owners to optimize their investments. The current changes and programmes offer numerous opportunities to minimize the costs of refurbishments and at the same time make a valuable contribution to climate protection. Owners should regularly keep up to date with the latest developments in order to take advantage of the best funding opportunities.