Imputed rental value: how homeowners can get the most out of their tax returns

The abolition of the imputed rental value is not expected until 1 January 2028 at the earliest. Until then, the imputed rental value must continue to be taxed as income, but at the same time, the current deduction options, such as debt interest and maintenance, can still be fully utilised.

Major renovations and maintenance work should, if possible, be carried out before 31 December 2027 so that the corresponding deductions can still be claimed. Anyone planning renovations should talk to tradespeople at an early stage and check whether it is worth bringing them forward to the transition phase.

It is advisable to analyse your own mortgage strategy and upcoming renovations in good time and, if necessary, plan amortisation or mortgage repayments in order to benefit optimally from the transition period in terms of tax.