Actions taken as part of thermal modernization allow you to increase the standard of the building, which significantly translates into the comfort of the household members. People who decide to undergo thermo modernization may take advantage of a special discount. Find out what conditions have to be met in order to be able to deduct expenses related to thermo modernization from income tax.
The thermal insulation relief was introduced in 2019 and applies to taxpayers who are owners or co-owners of single-family housing. Moreover, these buildings have to be used for residential purposes. The relief is available to the indicated persons when they incurred expenses related to therm omodernisation. These are primarily expenses related to the purchase of construction materials, as well as equipment and services related to the activities performed as part of thermo modernization.
What is important, in order to receive the relief, the entire project must be completed within 3 years, counted from the end of the tax year in which the first expenditure related to thermo modernisation was incurred. Moreover, the relief cannot be used if the building is under construction.
The deduction applies to thermal modernization projects, which include:
Please note that only actual expenses can be reimbursed. Moreover, deductible goods must be purchased from active VAT taxpayers. This is due to the fact that the VAT invoice is the basis for the deduction.
Regardless of the number of completed projects related to thermal modernization, the deduction may amount to a maximum of PLN 53,000. The amount of real estate you own also doesn’t matter in this case. The double upper limit (PLN 106,000) applies only to spouses whose properties are covered by joint ownership.
The amount of incurred expenses has to be documented with VAT invoices. If the expenses were subject to value added tax, the full amount including tax is taken into account in the context of the deduction. The thermal insulation relief is not payable in the case of expenses that have been:
It should be remembered that a taxpayer who has benefited from the thermo modernisation relief is obliged to calculate the appropriate amount previously deducted from income for the tax year in which he received the refund.