I want to count off the PIT with a thermomodernization relief. I've been informed that I'm entering the amount I spent on purchases and installations. For all I know, I can count it by 6 years. How does that work?
Dear Reader
The thermo-modernisation relief shall be granted to taxable persons accounting according to the tax scale, 19% the tax rate and the payment of the lump sum on recorded income, which are both owners or co-owners of single-family housing.
The expenditure listed in the Annex to the Regulation of the Minister of Investment and Development of the date of 21 December 2018 on the establishment of a list of types of building materials, equipment and services related to the implementation of thermo-modernisation projects (Journal of Laws, item 2489).
In addition, it should be stressed that the taxpayer has 3 years to carry out the thermomodernisation project otherwise it will be required to reimburse the relief.
As a general rule, the taxpayer may benefit from a reduction in the settlement for the tax year in which he incurred expenses related to the implementation of the thermo-modernisation project in accordance with the invoice issued (i.e.
on the date of delivery of the goods/performance of the service or on the day of issue of the invoice if no date of sale is set).
Where expenditure incurred has been subject to VAT, the expenditure shall be considered to be the amount of the expenditure together with the tax on goods and services provided that the tax has not been deducted under the Goods and Services Tax Act.
If the amount of the deduction exceeds the amount of the taxpayer’s income, it shall be deducted in subsequent years, but not later than by 6 years after the end of the tax year in which the first expenditure.
The value estimated on the basis of the invoices for the project should be included in the Annex PIT/0 in Part B, in the field 27 for the taxable person, or 28 for the spouse.
However, it should be borne in mind that the value of the relief must not exceed the amount 53,000 PLN per person for all thermomodernisation projects carried out in individual buildings the taxpayer owns or co-owners. The taxpayers who are married should know that this limit applies to each spouse separately, i.e.
each of them is entitled to a maximum deduction 53,000 PLN.