Purchasing a garage as pertaining to the first home, it can benefit from a 50% tax deduction given by the Renovation Bonus, but it is not always obvious to understand whether one falls within the requirements required by the law. A question asked by a reader to TaxToday shed light on a specific case, clarifying details about the necessary conditions.
Have you ever wondered if a renovation that transforms rooms into garages allows you to access these benefits?
Let’s see it together.
Advertisement – Advertising
The reader’s question: a concrete case to clarify
The question posed by the reader to TaxToday highlights a fairly common situation that deserves clarification. Specifically, the reader declared that he wanted to purchase, by the end of the year, a garage to be used as part of his main home.
However, the box in question was not the result of a new construction, but was created following a building renovation intervention which had transformed some rooms previously used as warehouses into garages.
The question raised concerns a crucial aspect:
“By the end of the year I will purchase a newly built garage as part of my first home. These are boxes created by a company following the change of use of some rooms from a warehouse to a garage. I would like to know if I am entitled to the 50% deduction.”
This doubt is particularly relevant, since many real estate operations and building interventions consist in converting pre-existing properties, rather than building from scratch. The legislation, however, is very precise in indicating when it is possible to take advantage of the tax relief, and the response provided by the Revenue Agency has clarified precisely on this point.
Advertisement – Advertising
The Revenue Agency’s response: clear criteria for the deduction
The Revenue Agency, responding to the reader’s question, clarified in detail when it is possible to access the Renovation Bonus for the purchase of a relevant garage. The legislation, in fact, precisely distinguishes between two different cases:
- Newly built garage:
The 50% deduction is only permitted for the purchase of garages made from scratchor built entirely and not deriving from previous intended uses. This type of intervention is fully included among the benefits provided, provided that all the requirements established by law are respected. - Garage resulting from change of intended use:
On the contrary, when a pre-existing property (such as a warehouse or other room) is transformed into a garage through renovation and change of intended use, the tax relief is not applicable. This is because the legislation considers such works as a modification of the existing property and not as a new construction project.
In order to take advantage of the deduction, the Agency has also underlined a fundamental requirement:
- Manufacturer’s certification: It is necessary for the garage manufacturer to provide a specific certificate certifying the “new construction” nature of the garage. This document becomes essential to demonstrate compliance with the conditions required by tax legislation.
