The Luxembourg Government has just announced new incentives for buyers and investors in 2024. These measures are... Here is a breakdown of the assistance you can receive for the purchase of a principal residence or as part of an inv For purchasers of a principal residence Examples of amounts recoverable: To deduct interest [...] For purchasers of [...] For purchasers of [...] For purchasers of [...] For purchasers of [...] For purchasers of [...
Taxation
Deduct your car loan from your Luxembourg tax return!
Have you found your car on luxauto.lu and taken out a car loan? Then think about saving tax! In fact, in the Grand Duchy, the tax return allows you to deduct the interest on your car loan. How much can be deducted on the tax return in Luxembourg? For interest and insurance premiums, the maximum amount you can deduct is [...]
Deduct property interest from your Luxembourg tax return!
The interest on a property loan can be deducted from your Luxembourg tax return. The deductible amount may vary depending on the situation, whether the property is already occupied by the owner or not. Indeed, if the property is not yet occupied, the property interest may be fully deductible from the tax return until you move in [...]
Deduct your housing savings from your Luxembourg tax return!
Tax time is fast approaching so it's a good time to take stock of what you can deduct! After a first article on building projects, we now turn our attention to home savings. If you have decided to put money aside each month in a home savings contract, you should be able to deduct [...]
Deduct your home under construction from your tax return!
Is your home currently under construction or renovation and you are looking forward to moving in? The good news is that you are eligible to deduct the interest charges on a property loan for your building under construction. So you can save money while you wait to move in! A few things to know before you start... In Luxembourg, [...]
Tax reform: what measures for housing?
On 29 February 2016, the government presented at a press conference the elements of the tax reform, which is to come into force on 1 January 2017. For the housing component, several measures were presented: Facilitating access to housing To improve the ability to finance one's own home, taxpayers who do not have [...]