Taxation Return and Your Arrangements


Posted March 3, 2020 by Actforyou

It is impossible here to provide an exhaustive list of equipment eligible for the energy transition tax credit (ISCED) as well as details of energy performance, minimum thermal resistance, etc. that they must respect!

 
To do this, bring your invoices and verify that these materials are included on the form n ° 2041-GR to download on impots.gouv.fr. After months of procrastination, the windows, the entrance doors opening to the outside and the insulating shutters, the oil-fired boilers with high energy performance remain well eligible for the whole of 2017.

The energy transition tax credit is set at 30% of expenses capped at 8,000 euros for a single person, 16,000 euros for a couple, plus 400 euros per additional dependent. But this ceiling is assessed over a period of five consecutive years. If you have already incurred expenses eligible for the CITE since January 1, 2013, your 2017 spending limit opening tax benefit is reduced accordingly. For the Taxation Return Preparation In Australia this is essential now.

Energy saving work for the main residence

Benefiting from CITE requires two conditions: the work must be carried out in accommodation completed more than two years ago and constituting your main residence on the date of payment (or, at the latest, within the following six months). In the tax sense, this is the accommodation usually and effectively occupied by the members of the tax household - that is, more than six months of the year - and near which is the center of their professional and material interests.

Labor is not included in the energy transition tax credit, except ...

The tax credit applies to the purchase price of equipment, materials, appliances or to the amount of energy diagnostic expenses, all taxes included . The labor corresponding to the installation is excluded, with the exception of the expenditure of installation of the materials of thermal insulation of the opaque walls as well as the cost of the installation of the underground heat exchanger of the geothermal heat pumps. In addition, although said to be "cumulative with CITE", the subsidies and premiums paid by the ANAH (National Housing Agency), a local authority or an energy supplier, must be deducted from the expenses including all taxes, before indicating them on page 2 of the 2042 RICI form. It does not matter if the amount obtained exceeds the limit, enter it as it is.

Pay attention to the payment date for your energy saving work

"A window estimate, even if you accepted it along with the payment of a deposit in 2017, does not allow you to benefit from the system this year if you pay the balance in 2018, warns Patricia Jolicard, lawyer tax partner at Fidal. Only a full payment in 2017 entitles you to a tax credit this year. On the other hand, in the event of payment in installments, the expense is considered to be paid in full on the date of the first payment. "

What documents must be provided to qualify for the tax credit?

To be admissible, an invoice is required, including your name and address and those of the service provider, the VAT rate, the total amount excluding tax, the address for carrying out the diagnosis and the work, the nature of the work, the designation of the equipment and their amount. . If necessary, standards and technical performance criteria must be included, areas in square meters, the company's qualification criteria when it must be recognized as guarantor of the environment (RGE), the date of the compulsory prior visit to the accommodation before drawing up the estimate and the date of payment.

About the Company: Act for You happens to be the best option for the best taxation related information. Here you will be getting the most professional and personal options for the taxation process.
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Last Updated March 3, 2020