Living space expansion - BEG or tax incentive

  • Erstellt am 2023-10-27 20:58:52

Reinhard84.2

2023-10-27 20:58:52
  • #1
Good evening,

We plan to start the work on the living space expansion this or next year. Currently, there are two funding options available:

BEG 15 percent of 60,000 i.e. 9,000 p.a.

or

the tax incentive, here 20% of the construction sum, for one property a maximum of 40,000 € funding, which you get refunded from the paid income tax.

Since we pay enough income tax to receive the full amount back, the tax depreciation looks more attractive to me. If I understood correctly, you don't need an energy consultant for it, only the corresponding certificate from the executing company.

Have I overlooked any aspects?

Best regards
 

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