Deduction “restricted” to owners only
The text of the law, therefore, provides for the possibility of still taking advantage of the 50% rate for restructuring interventions but only for next year. From 2026 onwards it will drop to 36%. For second homes, however, the reduction is 36% as early as next year, a rate destined to further reduce to 30% for the years 2026 and 2027.
However, the spending ceiling eligible for the relief will not decrease which remains equal to 96 thousand euros regardless of the destination of the property. So far the confirmations compared to the announcements made the day before.
The news, however, is that from now on these benefits can be recognized exclusively to those who hold ownership rights or other real rights on their first home. In practice, the same restriction already adopted for the Superbonus for villas is applied, reserved since last year only for owners.
Excluded instead, as also specified by circular 13/2023 of the Revenue Agency the possibility of taking advantage of the deduction by cohabiting family members.
Extension also for the Sismabonus Purchasing
In compliance with these same rules and the different rates between first and second homes, the deductions for renovation interventions aimed at the reduction of seismic risk. For the same period the Sismabonus Purchasesi.e. the deduction due to those who purchase earthquake-proof houses that are part of properties completely renovated by companies.
It must also be said that the Sismabonus Purchasing has been recognized since its inception exclusively to the owners and not to family members who may have participated in the expense.
Furniture Bonus still for 12 months
For those who benefit from the deductions just seen, there is also an extension of the Furniture Bonus for another 12 months.
The spending ceiling has been confirmed at 5 thousand euros. The relief for the purchase of furnishings and large appliances concerns those who have carried out works in 2024 or start them in 2025. In the case of works started this year and any purchases, these expenses will need to be taken into account for the purposes of the ceiling that can be used in 2025.
Ecobonus confirmed but with reduced rate
Among the news regarding works on properties the extension of the Ecobonus also comes into playalways with the differentiations seen between first homes and other homes, and always and only for the owners.
However, the 65% rate disappears and only 50% remains for first homes and 36% for others for next year. This benefit will include all expenses for which the Home Bonus is not provided, such as, in particular, those for pergolas and blackout curtains and home automation systems.
Super bonus of 65% in 2025 only with CILAS already presented
Still on the subject of energy efficiency, there is something to note new intervention on the Superbonus. With the upcoming regulations, in fact, it will be possible to take advantage of therate of 65% in 2025 only the CILAS was presented, and the works resolution was approved (in the case of condominiums) by October 15th. It remains to be seen whether this de facto retroactive rule will be confirmed in Parliament.
Deduction in 10 installments also for 2023 expenses
In the meantime, however, the possibility of spread in 10 installments also Superbonus expenses made in 2023, as already foreseen for those of 2022, in order to avoid losing the deduction if insufficient. However, anyone who wants to take advantage of this possibility will have to submit a supplementary tax return by November 30th. If the supplementary declaration shows a greater tax due, the latter may be paid, without penalties and interest, by 30 June 2025.
Also Home Bonuses in the review of income deductions
Finally, it should be noted that Home Bonuses are also included in the list of tax breaks for which a reduction is foreseen based on income. The budget law sets a basic threshold of 75 thousand for singles, which increases in the case of dependent family members, applying a family quotient in this case too.
Based on these provisions who has incomes above the threshold and up to 100 thousand euros will be able to apply the deductions on a maximum of expenses equal to 14 thousand euros. As income increases, the sums are further reduced. Home bonuses are included in the calculation but only in reference to the amount of expenditure deductible annually, not in relation to the entire expenditure ceiling admitted to the relief. Furthermore, the calculation does not concern installments for expenses incurred until 31 December 2024.
