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V2024-24 ·23 September 2024 ·consulta-vinculante Medium impact
Tax

2023 construction tax deduction excesses may be claimed alongside 2024 solar panel installations, subject to annual limits

A taxpayer inquired whether the excess amount from the 2023 maximum construction tax deduction base could be applied in 2024 alongside expenses for a new solar panel installation. The Directorate-General for Tax (DGT) ruled that this is permissible, provided the combined total of both amounts does not exceed the annual limit of 5,000 euros.

In 6 key points

How it affects those involved

The ruling provides clarity for taxpayers looking to optimise their tax deductions for energy efficiency improvements by carrying over unused deduction bases from previous years, provided they remain within the statutory annual cap.

Lifecycle

2024-09-23PublishedPublished 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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