Have you purchased a home, started a renovation, and bought furniture and appliances? Maybe you are wondering if you can benefit from the furniture bonus even if all these steps occurred in the same year.
In this article we answer this question through the clarification provided by the Revenue Agency, explaining the requirements needed to obtain the tax relief.
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The reader’s question
The reader presents a typical situation of someone who is facing a renovation project and wishes to take advantage of the furniture and household appliances bonus. After purchasing a property, he presented a Cila (Certified Notice of Commencement of Works) to begin the renovation works.
Once the work was completed, he purchased the latest-generation furniture and appliances, and now he wonders whether he can take advantage of the 50% tax deduction of the expenses incurred, up to a maximum of 8,000 euros, in his 2024 tax return. His doubt arises from the fact that both the start of the renovation, via Cila, and the purchase of the goods occurred in the same year.
“Last year I bought a property and a few months later I filed a Cila for renovation. After completing the work I purchased some latest-generation furniture and appliances. I wanted to ask you if I can deduct 50% of the maximum of 8,000 euros in the 2024 declaration, even if I filed the Cila and purchased the furniture in the same year.”
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The Revenue Agency’s response
The Revenue Agency has provided a clear answer to the reader’s question. The presentation of the Cila and the purchase of furniture and household appliances in the same year do not constitute an obstacle to accessing the furniture and household appliances bonus. Therefore, the taxpayer will be able to benefit from the 50% deduction on the expenses incurred for the purchase of the goods, up to a maximum of 8,000 euros, in the 2024 tax return.
However, the Agency stresses that it is essential to comply with all the conditions set out in theArticle 16, paragraph 2, of Legislative Decree no. 63/2016which regulates the bonus.
In particular, the following requirements are recalled:
- The start date of the renovation works, certified by the CILA, must be front on the date of purchase of the furniture and appliances.
- The renovation must be included among the interventions that give the right to the bonus, such as extraordinary maintenance, restoration or conservative redevelopment.
- The goods purchased must be new and, for household appliances, belong to specific energy classes: at least class A for ovens, class E for washing machines, washer-dryers and dishwashers, and class F for refrigerators and freezers.
- Payments must be made via traceable methods: bank transfer, credit or debit card, while bank checks or cash payments are not accepted.
