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V2024-24 23 September 2024 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · deducción por obras de rehabilitación

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.

The question raised

Whether in the 2024 fiscal year and, if applicable, in the 2025 fiscal year, the amounts that exceeded the maximum annual deduction base limit in 2023 may be deducted together with the amounts paid for the installation of solar panels.

The DGT's ruling

For solar panel installation works, the taxpayer may deduct 60% of the amounts paid if the energy efficiency of the building is improved. The excess of the maximum annual deduction base from previous fiscal years may be deducted in the following four fiscal years. However, the sum of the amounts from previous years and those from the current fiscal year may not exceed the annual limit of 5,000 euros, nor may the accumulated base exceed 15,000 euros.

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