Superbonus 110%
SUPERBONUS 110%
The Superbonus is a benefit provided for by the Relaunch Decree which raises the deduction rate of expenses incurred to 110%.
from 1 July 2020.
Read what it is and stop by the studio to find out more.
Things
The Super bonus
is the tax relief governed by article 119 of legislative decree no. 34/2020 (relaunch decree), which consists of a 110% deduction of expenses incurred starting from 1 July 2020 for the implementation of specific interventions aimed at energy efficiency and static consolidation or reducing the seismic risk of buildings. The subsidized interventions also include the installation of photovoltaic systems and infrastructures for charging electric vehicles in buildings.
The benefit comes alongside the deductions, already in force for many years, due for energy requalification interventions of buildings (ecobonus) and for those for the recovery of the building heritage, including anti-seismic ones (sismabonus), currently regulated, respectively, by the articles 14 and 16 of Legislative Decree no. 63/2013.
The 2022 budget law extended the relief, providing for different deadlines depending on the subjects who support the eligible expenses.
In particular, the Superbonus is due to:
until December 31, 2025, in the following sizes
110% for expenses incurred until 31 December 2023
70% for expenses incurred in 2024
65% for expenses incurred in 2025
for condominiums and natural persons, outside the exercise of business, artistic and professional activities, for interventions on buildings consisting of two to 4 distinctly registered real estate units, even if owned by a single owner or co-owned by several natural persons.
This includes interventions carried out by natural persons on individual real estate units within the same condominium or the same building, as well as those carried out on buildings subject to demolition and reconstruction.
The deduction must be divided into four equal annual installments.
Who cares
The Superbonus applies to interventions carried out by:
-
condominiums
-
natural persons, outside the exercise of business, arts and professions, who own or hold the property subject to the intervention
-
natural persons, outside the exercise of business, arts and professions, owners (or co-owners with other natural persons) of buildings consisting of 2 to 4 distinctly registered real estate units
-
Autonomous public housing institutes (Iacp) however named or other bodies that meet the requirements of European legislation regarding "in house providing" on properties, owned by them or managed on behalf of the municipalities, used for public residential buildings
-
housing cooperatives with undivided ownership of properties owned by them and assigned for enjoyment to their members
-
Onlus, voluntary associations and social promotion associations
-
amateur sports associations and clubs, limited to works intended only for buildings or parts of buildings used as changing rooms.
Ires entities are among the beneficiaries only in the case of participation in the costs of key interventions carried out on the common areas in condominium buildings.
Facilitated interventions
Main or driving interventions
The Superbonus is due in case of:
-
thermal insulation interventions on the casings
-
replacement of winter air conditioning systems in common areas
-
replacement of winter air conditioning systems on single-family buildings or on the real estate units of functionally independent multi-family buildings
- anti-seismic interventions.
Additional or towed interventions
In addition to the key interventions listed above, the Superbonus also includes expenses for interventions carried out together with at least one of the main thermal insulation interventions, replacement of winter air conditioning systems or seismic risk reduction.
These are:
-
energy efficiency interventions
-
installation of photovoltaic solar systems and storage systems
-
infrastructure for charging electric vehicles
-
interventions to eliminate architectural barriers (16-bis, letter e of the TUIR).
What advantages
The deduction is recognized in the amount described above and must be divided among those entitled, for expenses incurred starting from 1 January 2022, in 4 annual installments of the same amount, within the capacity limits of the annual tax deriving from the tax return .
As an alternative to directly using the deduction, it is possible to opt for an advance contribution in the form of a discount applied by the suppliers of the goods or services (discount on the invoice) or for the assignment of the credit corresponding to the deduction due.
The transfer can be arranged in favor of:
-
of the suppliers of the goods and services necessary for the implementation of the interventions
-
of other subjects (natural persons, including those carrying out self-employed or business activities, companies and organisations)
-
of credit institutions and financial intermediaries.
With the provision of the Director of the Revenue Agency of 8 August 2020 (modified by subsequent provisions), the provisions implementing articles 119 and 121 of Legislative Decree no. were approved. 34/2020 for the exercise of options relating to the deductions due.