What changes?
The Energy Investment Allowance (EIA) for investors will be extended by 5 years, until (and including) 2028. From 1 January 2024, the tax deduction rate of the allowance will be 40%, down from 45.5% in 2023.
You can claim the EIA and pay less personal or corporate income tax if you invest in energy-efficient technologies and sustainable business assets. For example, in solar panels, heat pumps, or insulation of your business premises. The investment must range between €2,500 (minimum) and €136 million (maximum).
For whom?
- entrepreneurs who are liable for income tax or corporate income tax and want to invest in energy-efficient business assets.
When?
The change in law is expected to enter into effect on 1 January 2024.
Please note: The effective date of this measure is not yet final. Entry into force is subject to its passing through the Upper and Lower Houses (Eerste en Tweede Kamer) of parliament or proclamation of the Order in Council (Algemene Maatregel van Bestuur, AMvB) or ministerial decree and publication in the Staatsblad or Staatscourant (Government Gazette, in Dutch).