Starting in 2029, the deduction for maintenance costs for owner-occupied housing will be eliminated at both the federal and cantonal levels. Deductions for energy-saving renovations will also be abolished for direct federal income tax, though cantons will have the possibility to maintain them for a limited period of time.
Will maintenance and energy-efficiency renovation costs always be tax-deductible?
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About the Author: Attorney Cedric PANCHAUD
Cédric Panchaud is an attorney, holds a doctorate in law, is a licensed notary, and is a certified tax expert. He heads PANCHAUD Tax & Legal SA, an independent firm in Geneva specializing in taxation of individuals and corporations, real estate taxation, occupational pension plans, and corporate restructuring. He regularly serves as a speaker at continuing education seminars (ISIS, OREF/EXPERTsuisse).