System owners must count on income, sales and business tax clean electricity from clean sources is becoming increasingly popular. Many homeowners have therefore built a photovoltaic system on their roof. Such a system creates green energy from solar power. The homeowners themselves consume a portion of the stream, the rest is fed into the public grid. Thus, private homeowners become entrepreneurs, which entail sales tax, business tax and income tax.
However, an individual tax advice can avoid unnecessary burdens. Revenue from the photovoltaic plant are subject to value added tax the generated electricity into the public grid is fed, the photovoltaic system of sales tax revenues are subject to. Many private operators of such equipment but not more than 17,500 EUR annual turnover. You are as a so-called small-business owners to be classified, which are exempt from sales tax. However, it is useful to abandon this scheme and to log on as a sales taxable entrepreneur with the tax office. Because then, for example, the 19% VAT from the purchase of the photovoltaic array from the IRS can be refunded. The investment costs, reduces at the same time saving interest. Initial losses save income tax which are income from the photovoltaic system as business income in the income tax return.
In the early years, but mostly losses, which can be offset with positive wage or rental income arise. This saves income taxes and is beneficial for the repayment of a loan. In addition to income taxes, business taxes may apply to be gains achieved with the photovoltaic system, also business tax will be charged in addition to the income tax. However, the annual allowance of EUR 24,500 usually causes that no trade tax must be paid. If you do, the tax must be removed partly from the income tax. But who must pay no or only a small income tax, which cannot be might even trade tax. Real estate companies can buy commercial markings prevent caution is required when a photovoltaic system on the roof of a rented building is built, belonging to more than one person. Business income are obtained with the power supply to the public network, rub off on the required partnerships. In other words, the income from the rental are subject to in addition to the income tax of trade tax also. In residential complexes with a variety of rented apartments can cause thereby higher tax burden. But there is a way out of the dilemma. Real estate companies can operate photovoltaic systems by an independent company. So the commercial income of operation of the photovoltaic system not on the rental can rub off. Torsten Bogausch Schmidt & Partner GmbH Steuerberatungsgesellschaft branch Weisswasser of Bautzner Strasse 38, corner 2,500 road 02943 Weisswasser Tel.: 03576/2839-0 fax: 03576 / 283930 Internet: sp white water email: