Furniture

Superbonus 110% and credit transfer 150 150 Ceramic and stoneware floors and walls, prestigious furnishings, living area, sleeping area and outdoor - Abacus Ceramiche - Gubbio

Superbonus 110% and credit transfer

Superbonus 110% and credit transfer: this is how it works

With the 2020 Superbonus, you can carry out energy redevelopment interventions in your home and recover up to 110% of the expenditure incurred, in the form of a tax deduction, over a period of 5 years.

The Superbonus therefore allows you to save on:

  • interventions that increase the energy class of the building
  • installation of photovoltaic systems
  • installation of infrastructure for charging electric vehicles.

If you want to know more about which jobs are affected by tax breaks, we invite you to read this in-depth study: Superbonus 110%, what it is, how it works which jobs.

Superbonus 110% works like this:

  • you have the energy redevelopment work carried out and you pay for all the work
  • over the next 5 years you get a tax discount of up to 110% of the expense you incurred.

It therefore seems a solution reserved for those who have a lot of liquidity or a lot of taxes to pay.

In reality, there aretwo other options that you can take advantage of to get the return on your investment immediately: the credit transfer and the discount on the invoice.

What is the assignment of credit and how it works

The assignment of the tax credit allows you to obtain the transformation of the corresponding amount into a tax credit and to be able to transfer it to other subjects, including credit institutions and other financial intermediaries.

In this way, it becomes possible to carry out the work even in the event of low liquidity, without having to spread the tax credit over 5 years.

Another way to be able to save directly on the cost of the work is the discount on the invoice, which directly affects suppliers.

The discount on the invoice is a sum that corresponds to the deduction, which is directly deducted from the invoice by the supplier who carried out the work. In this case, therefore, you can simply not pay a large part of the sum due for the work.

Appliances Bonus 2021 150 150 Ceramic and stoneware floors and walls, prestigious furnishings, living area, sleeping area and outdoor - Abacus Ceramiche - Gubbio

Appliances Bonus 2021

Home Appliances Bonus 2021: what it is and how it works

The Appliances Bonus offers the same tax deduction as the Furniture Bonus (50%) for those who are carrying out maintenance or renovation of their property.

That’s right: by purchasing an appliance in energy class A + or higher, you can recover half of the expense!
The concession has been extended for purchases made during 2021 and can only be requested by those who have carried out a building renovation no earlier than January 1, 2020, or during the current year.

The deduction will be divided into 10 annual installments on a total expense of up to € 16,000. This is an important novelty compared to 2020: with the 2021 Budget Law, the spending ceiling was raised (up to 2020 the maximum amount was € 10,000). In the event that you want to carry out renovations on several properties, you will be entitled to the bonus several times: the maximum of € 16,000 refers to a single real estate unit.

The Bonus is valid for those who purchase household appliances with an energy class of not less than A +, while for ovens the limit is A. The appliances must be strictly new and are included in the list:

  • refrigerators
  • washing machines
  • dryers
  • dishwasher
  • ovens
  • cooking and air conditioning appliances.

There is also the need to communicate to ENEAthe expenses incurred to gain access to the bonus. The data of the expenses incurred must be sent within 90 days of the completion of the renovation works.

The deduction can be requested by indicating the expenses incurred in the tax return and the only one who can benefit from it will be the one who incurred the expenses for the work carried out in the house.