As stated by the property owners in their letter:
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If the amount of the tax credit to which the taxpayer is entitled for the relevant tax year exceeds the tax liability, the excess amount should be allowed to be offset against the income tax liability of the same year of the taxpayer or their spouse with whom they file a joint tax return, regardless of whether the other spouse is a co-owner of the property.
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The tax credit to which the taxpayer is entitled should be allowed to be carried forward and allocated to the immediately following years, subject to the same annual limit of €3,200.
Specifically, in order to facilitate co-owners of older apartment buildings in inspecting, renovating, and registering their elevators as required by current legislation, and as an alternative to our well-known proposal for subsidizing the management costs of older apartment buildings with part of the renovation expenses, we further propose:
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That the percentage of expenses for the purchase of goods be increased to up to 50% of the total expenditure, instead of the current 25% (one-third of the amount of services).
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That eligible expenses for both services received and goods purchased explicitly include the costs attributable to each horizontal property unit in an apartment building for the inspection, works, and materials related to the upgrade or installation of elevators, based on the cost allocation table for the elevator expenses of each apartment building, as well as other equipment or installations ensuring accessibility for persons with disabilities (PWD).
