THE LATEST UPDATES ABOUT THE BONUS 2023
In the past few weeks, the latest changes regarding the Superbonus have been largely discussed. However, the draft of the budget adjustment includes many facilitations, aimed at helping out buyers and property owners who are looking to renew or renovate their estate.
For more insights about the Superbonus, please read our ‘’SUPERBONUS 110%: WHAT CHANGES FOR VILLAS IN SARDINIA’’
Furthermore, here are the facilitations for the year 2023 that could interest the owners of villas in Sardinia.
RENOVATION BONUS
The renovation bonus is destined for ordinary administration (plasterwork, renewal of doors, windows and fixtures, the deletion of architectural barriers, flooring, etc.) with respect to common areas and co-op buildings; works of extraordinary administration (like renewal or substitution of structural parts, hygienic and sanitary services, splitting or merging of estate properties); works of preservation and recovery of the estate, respecting its structural features, works of restructuring.
Furthermore, the bonus includes operations for the realisation of a car box and the installation of solar panels.
The renovation bonus presents a tax deduction of up to 50% of the IRPEF, as long as the cost does not surpass 96.000,00 euros.
If these changes stand, the Bonus will remain until the 31st of December 2024. However, starting in 2025, the benefit should return to the original rate of 36%, with a maximum cap of 48.000,00.
This Bonus can also be requested by the owner of the right of use, the conductor, partners of co-operations of a split estate, after obtaining written permission of the co-operation owning the property, by individual entrepreneurs (properties not included in the instrumentals), by the co-habitant more uxorio, by the spouse grantee of the property.
BONUS FORNITURE
The Bonus furniture is an incentive strictly linked to the renovation bonus and consists of an IRPEF tax deduction of up to 50% on a spending cap of 10.000 euros for purchases sustained in 2022 and 5.000 for the year 2023 and 2024.
The benefit aims at the purchase of movable properties or appliances with an energy class not inferior to:
Class A for the Oven;
Class E for the washing machine, drying machine, or dishwasher;
Class F for refrigerators and freezers destined to
The beneficiary of the bonus furniture are the taxpayers, subject to the income tax of physical person, title holders of a deduction for the cost of operations aimed at the recovery of the construction patrimony and energy requalification, former art.16 bis TUIR
ECOBONUS
The ecobonus is a tax incentive dedicated to the energy requalification of the property and presents a tax reduction of up to 65% with maximal and percentages of deductions that vary based on the typology of operation.
The Bonus includes those works finalised at increasing the level of energy efficiency of the estate, such as the works aimed at the thermal improvement of the property (e.g. insulation, change of flooring, windows, doors and fixture), the installation of solar panels systems, the substitution of air conditioning systems for the winter.
The ecobonus is destined to any physical person, art or profession practitioners and bare owners, title holders of a usage right (usufruct, use, housing rights, surface), the title holders of a corporate income (people’s society, capitals’ society), tenants or co-tenants, public and private bodies not exercising any commercial activity, associations between professionals, independent institutes for council houses and co-operation of non-split properties, the co-habitant more uxorio, the co-habitant relative (spouse, ascendants within the third degree and relatives by second degree).
The Bonus will remain in force until 2024. Starting 2025, updates permitting, the percentage will change to 36% for a maximum cap of 48.000,00 per property.
GREEN BONUS
The Green Bonus consists of a deduction equal to 36% for a total sum that must not surpass 5.000,00 per each estate. This financial support is destined for the improvement of private outdoor green areas of buildings or already existing estate units; fencing, irrigation system, hedge substitution, important prunings, the realisation of green roofs and hanging gardens; recovery of the green of historic gardens.
Furthermore, the deduction is applicable to the cost of design work and maintenance aimed at the operations previously cited.
The Green Bonus is available to property owners, conductors, tenants, bare owners, title holders of a right of usage (usufruct, use, housing rights, surface), public and private bodies, and independent institutes for council houses.
BONUS CLOSE TO DEADLINE
On the contrary, there are two bonuses over the deadline. The first is the bonus facade which expected an IRPEF deduction of 90% in 2021, reduced to 60% for 2022, for the realisation of improvements of facades’ imperfections, balconies, buildings features and structural details, cleaning and painting, for all the properties located in the A classified areas (Historic centre) or B areas (areas of completion).
The Bonus does not cover those works carried out on the internal part of the building, except if they are visible from the outside (from a street or public designated area).
However, unless the Parliament decides to give a chance to the Bonus facade 60, the 31st of December will be the date of expiration for these benefits.
The same fate is sentenced for the second bonus, the architectural barriers bonus 75, consisting of a deduction of 75% for the cost of the works aimed at the deletion of mobility barriers for already existing properties.
The benefit is applicable as long as the cost won’t surpass 50.000 euros and varies in relation to the typology of the estate.
The introduction of measures such as the ones above mentioned, in addition to making it possible to benefit from financial deductions, also affects the opportunity to rent or sell villas in Sardinia. For more info, contact Sardinia Unlimited. A professional will answer all your queries via phone or e-mail.