ᐅ Photovoltaics – Questions About Taxes and Commercial Classification
Created on: 5 Sep 2019 16:44
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Christian K.
Hello everyone,
We are planning to install a photovoltaic system with a battery storage for our new single-family house. As far as I understand, I should register a small business beforehand so that I can declare value-added tax (VAT) or sales tax. Then, I would need to report the monthly earnings from the photovoltaic system to the tax authorities, but this way I can reclaim the VAT on the purchase costs and depreciate the entire system over 20 years.
We are getting the battery from Sonnen and will sign a contract with Sonnen. This means the surplus energy will be fed into Sonnen’s system and compensated. This should be relevant, but I mention it just for completeness.
Is this correct? Is there anything else I should consider when registering the business, besides being able to declare VAT?
Thanks
We are planning to install a photovoltaic system with a battery storage for our new single-family house. As far as I understand, I should register a small business beforehand so that I can declare value-added tax (VAT) or sales tax. Then, I would need to report the monthly earnings from the photovoltaic system to the tax authorities, but this way I can reclaim the VAT on the purchase costs and depreciate the entire system over 20 years.
We are getting the battery from Sonnen and will sign a contract with Sonnen. This means the surplus energy will be fed into Sonnen’s system and compensated. This should be relevant, but I mention it just for completeness.
Is this correct? Is there anything else I should consider when registering the business, besides being able to declare VAT?
Thanks
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boxandroof5 Sep 2019 20:26Yes. Google the quote in #3
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HilfeHilfe5 Sep 2019 20:31boxandroof schrieb:
Yes. Search Google for the quote in #3Looking for a trustworthy tipB
boxandroof5 Sep 2019 20:38The tip leads you to a collection of almost everything you need to know on the subject in a reliable way.
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SlippySken6 Sep 2019 11:14We might build next year, and I have also been considering installing a photovoltaic system. However, some builders mentioned that the guaranteed payment will probably be discontinued soon.