Household homeowners may well get a tax break on photo voltaic panels from future 12 months


The govt is preparing to scrap the 21% worth added tax price on solar panels on non-public residences from upcoming January.

Tax minister Marnix van Rij put draft laws which will take away the tax from photo voltaic panels and installation do the job for private homes out to session on Wednesday.

EU member states have been equipped to scrap the tax on photo voltaic panels because the end of final yr.

At this time house entrepreneurs who install photo voltaic panels which feed into the national grid can declare the tax back again, but they do have to sign-up and file a tax return to gain.

Van Rij hopes the new evaluate will cut back again on paperwork for both equally private individuals and the tax business.

The tax break will not use to photo voltaic panels which have been installed on public buildings or industrial assets.

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