Personal income tax deduction and tax benefits for photovoltaic installations in the Valencian Region

Individuals who install a photovoltaic system on their primary residence can benefit from a 40% personal income tax deduction on the total amount of the investment.

Requirements for deduction:

• The installation must be carried out in the taxpayer’s usual residence.
• The property must be located in the Comunitat Valenciana.
• The installation must be intended for self-consumption.
• The investment must be duly justified with invoices and technical certificates.
• The deduction will be applied in the income tax return corresponding to the fiscal year in which the payment for the installation was made.

Companies that carry out photovoltaic installations can benefit from a 20% tax deduction on the amount of the investment.

Requirements for deduction:

• The installation is intended to improve energy efficiency in the business environment.
• The company must be domiciled in the Comunitat Valenciana.
• The investment must be justified with invoices, installation certificates and technical documentation.
• The deduction will be applied to corporate income tax or personal income tax in the case of self-employed persons.

For individuals:

1. Perform the installation and request the corresponding certification.
2. Retain invoices and supporting documents.
3. Apply the deduction in the annual income tax return.

For companies:

1. Make the investment and obtain the necessary technical and fiscal documentation.
2. File the deduction in the corporate income tax return or personal income tax return, if applicable.