Should I declare my solar energy system in the Income Tax?

Using renewable energy sources is a way to help the environment and save significant money in the long run. This, obviously, in the case of photovoltaic solar panels. In fact, this type of installation is increasingly common in Brazil. However, the amount invested to obtain this type of energy is extremely high, starting from around 10,000 reais to around 30,000 reais, at least.

Read too: Do retirees receive exemption from a portion of income tax?

As this investment is large, there is a doubt on the part of the population: should I declare my solar energy system in the Income Tax? In fact, it turns out that photovoltaic solar energy systems do not fit the rule for the declaration of the IR, since they are not considered movable property, but improvements to the property. That is, it is not mandatory to declare this type of acquisition, but it is a tremendous benefit for those who do. In this case, you might ask yourself: Why?

It turns out that the value of renovations and improvements can be added to the value of the property in the declaration, thus increasing its acquisition cost. Therefore, this is the only situation in which the owner can increase the value of his property informed in the statement, since this is impossible when you want to correct it by the value of Marketplace.

Also, this is positive when the owner of the property is going to sell it for a greater value than the acquisition, making that the real estate profit is lower, and, consequently, you will end up paying less rent on this income gain. capital.

Geographer and pseudo writer (or otherwise), I'm 23 years old, from Rio Grande do Sul, lover of the seventh art and everything that involves communication.