Wait a year and save on taxes

Sometimes patience pays off. This currently applies to house owners plan an extensive Renovation. Today the owner maintenance costs from the tax are allowed to deduct taxable income. However, in the case of a larger redevelopment the costs exceed sometimes the income. This means then that the owner, your expenses for the value of the property holding can record in full as a deduction in the tax return, but that part of the cost that surpasses the income that is not in your favor on the tax invoice.

Some owners distribute today, therefore, the cost for a major maintenance on two stages and several years. Others don't seek the conversation with the artisans, so they make your invoices all in the same year.

to distribute Legal changes, which take effect in 2020, will allow residential property owners, the cost for energy efficient refurbishment in the tax on up to three consecutive years. This is also true without Etappierung or arrangement with the craftsmen. Specifically, it deals with Amendments to the Federal law on direct Federal tax (DBG) and the Federal act on the harmonisation of the direct taxes of the cantons and municipalities (StHG), and a new property cost of regulation.

more Stringent minimum requirements

limits The new tax relief on renovations to improve energy efficiency, but these are the longer, the more important it is. If a renovation or a replacement a building permit is necessary, associate the authorities, in General, minimum requirements for improving the energy balance.

infographic: So many taxes, you can 2019 and 2020 image to enlarge

For the renovation, saving about thermal insulation of floors, walls and roofs, Windows with better insulation, replacement of shutters, or the use of renewable energies, the installation of heat pumps, the replacement of household appliances with high consumption, and more. A complete Overview of the "regulation on measures for the rational use of energy" (SR 642.116.1). It is conceivable that this regulation is adapted in terms of the innovations as of 2020.

Denis Boivin, the head of tax and legal at audit and consulting company BDO, we recommend to not plan an energetic house renovation so that it exceeds the net income of three years. The following example of the BDO shows that significant savings are possible: A married couple has invested a part of his pension in a family house, want to renovate for 600'000 Swiss francs for energy. Together, it is taxed in Liestal, a net income of 200'000 Swiss francs.

Move makes it from

Due to the new regulation, the Few moves the Work to the year 2020. This allows the two to save taxes in three years, 165'000 Swiss francs, rather than in a year-55'000 Swiss francs. Even if the remediation costs, the taxable income in the second or third the following year, only to reduce, alone, the deeper Progression to a significant additional tax relief.

In the case of a comprehensive home renovation, there are always bills for non-energy Work. This may continue to be made only in the year of the invoice date or the Transfer is tax-deductible – whether the date of the invoice or the Transfer is decisive, is governed by the cantons in different ways. Alone, with the shift of the tax deductions for the energy costs in the two years subsequent to the renovation work, the taxes can be reduced significantly.

the retreat includes

The cost for the Demolition of a building are allowed to a Taxable person today, not assert. Those who wait until 2020, you can deduct, however, fully from taxable income, as long as you also save energy and the environment. To the Dismantling, disassembly, demolition, removal and disposal. Condition is, however, that the old house makes a comparable new building space. In addition, the replacement Building within a reasonable period of time must be created. In this period, there is still room for interpretation. Tax expert Denis Boivin announced as a Guideline, a period of two years. As for the energetic rehabilitation, the demolition costs may be distributed along three years.

The new tax relief is part of the energy strategy 2050. Behind it is the political intention to promote tax incentives for energy efficient renovations.

(editing Tamedia)

Created: 30.12.2018, 18:19 PM