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1,000 Euros Deduction on IRS to Encourage Citizens to Buy Efficient Sustainable Goods

According to the preliminary 2020 State Budget proposal, the mainland government wants to create a deduction of up to €1,000 in IRS to enable householders to purchase environmentally friendly household appliances and energy-efficient heating systems.

Details released show that the government is authorised to create environmental deductions that ‘relate to the purchase of renewable/eco-friendly appliances, as well as energy class A or higher heating systems, provided that they are for personal use.’

Samantha Gannon

info at madeira-weekly.com

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