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V0218-24 ·27 February 2024 ·consulta-vinculante Medium impact
Tax

10% reduced VAT rate applies to renovation works if material costs do not exceed 40% of the taxable base

An individual has enquired whether energy efficiency improvement works on their property can be taxed at the 10% VAT rate. The DGT clarifies that, provided they are not classified as rehabilitation works, the reduced rate may apply if the recipient is an individual, two years have passed since construction, and the cost of materials does not exceed 40% of the taxable base.

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2024-02-27PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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