New twist in the finance bill 2018. The date of the suppression of the tax credit on windows and doors is extended.
The changes entry doors, windows and shutters insulation are included until 1 July in the tax credit energy transition (ISCED), the date on which they will be excluded decided on Thursday 9 November the national Assembly after several version changes.
The deputies adopted in committee an amendment by the general rapporteur Joël Giraud (LREM) in the draft budget 2018, which extends the QUOTE until December 31, 2018, but reduces the rate applicable to windows, shutters and doors from 30% to 15% on the 1st January (instead of September 27, 2017 in the initial project of the government), and removes the 1st of July (instead of 27 march). The boilers at the fuel oil will also be excluded from the scope of the QUOTE from the 1st of January (instead of September 27).
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The amendment shall be voted on again during session to be adopted
“That entered into force at 27 September 2017, virtuous on the fiscal and environmental, has raised misunderstandings on the part of taxpayers as professionals”, had acknowledged the government a few days ago.
The building professionals had warned against the “destruction of 6,000 to 9,000 jobs in 2018” if the measure was adopted.
The original justification for the government to remove the QUOTES is that the change of doors, windows and shutters does not present a good “cost-benefit” and has given rise to windfall effects. “The energy savings are low and the appeal of these works focuses more on sound insulation and comfort”, according to the ministry of the ecological Transition.
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manufacturers and installers of security doors have benefited unduly from the QUOTES, was as well stated recently by Emmanuel Macron in front of the professionals gathered for the “24 hours of the building”. But the president had wished that he “was not a sudden break on the doors and windows”, the objective remaining to “put up something more intelligent” in 2018.