October 31st is the last day to submit the application for a non-repayable contribution for construction costs deductible at 70%, as established by article 1 of Legislative Decree no. 212/2023.
This incentive is intended for low-income taxpayers and concerns expenses relating to interventions included in the Superbonus, such as energy efficiency, the earthquake bonus, the installation of photovoltaic systems and charging stations for electric vehicles. The costs must be incurred outside of business or professional activities.
Who can benefit from this contribution, and what are the details to correctly submit the application?
Advertisement – Advertising
Who can request the contribution
The non-repayable contribution is aimed at supporting the construction costs of taxpayers with medium-low incomes. In particular, taxpayers who, for the 2023 tax year, have a reference income can request it not exceeding 15,000 euros.
The income calculation is established according to the instructions provided in the application form, which you must refer to to determine eligibility. This income limitation aims to ensure that access to the contribution is intended for the segments of the population who most need benefits to improve the energy efficiency and safety of their homes.
The eligible expenses they must have been supported in a well-defined period, between 1 January and 31 October 2024. The interventions must concern the real estate unit for which the applicant holds a title of possession or possession, or the common parts of a building condominium of which the unit is part. This includes energy efficiency works, anti-seismic works, installation of photovoltaic systems and charging stations for electric vehicles.
It is essential that, by 31 December 2023, the works have already reached at least 60% progresswith a specific certification attesting to it. This state of progress must be accompanied by the option for an invoice discount or credit transfer, tools that allow you to immediately reduce the outlay of money or obtain liquidity for completing the interventions.
Advertisement – Advertising
Maximum contribution amount and spending limits
The non-repayable contribution is calculated as 70% of the expenses actually incurred for the building interventions, with a maximum limit of eligible expenditure set at 96,000 euros for each applicant. This means that the contribution payable can reach a maximum of 28,800 euros, equivalent to 30% of 96,000 euros.
In the case of condominium interventions, each beneficiary receives the contribution for the share of expenses attributable to him, always respecting the established limits.
If more than one eligible person has incurred expenses relating to the same intervention, the limit of 96,000 euros is reduced proportionally for each applicant. This mechanism avoids that, in the case of multiple applicants for the same project, the overall threshold eligible for assistance per real estate unit or per common part is exceeded.
Advertisement – Advertising
How to send the application
To request the contribution, interested parties must submit the application exclusively via the Revenue Agency’s web platform, available in the reserved area of the official website.
The application can be sent directly by the applicant or by an intermediary, provided that the latter is delegated to consult the applicant’s tax drawer. This procedure was created to ensure more accurate control and greater security in the management of sensitive data.
The request form, approved by the director of the Revenue Agency with the provision of 18 September, must include some mandatory information. In addition to the tax code of the applicant, the tax code of the legal representative must be indicated if the beneficiary is a minor or a prohibited person.
If the applicant is an heir, it is also necessary to enter the tax code of the deceased. Finally, declarations are required that certify that the requirements for accessing the contribution are met, such as compliance with income limits and the progress of the work.
Advertisement – Advertising
Distribution of funds and disbursement times
Once the window for sending applications closes, on 31 October, the Revenue Agency will distribute the available funds, equal to 16,441,000 eurosamong all eligible applicants.
The distribution will take place based on the amounts of the contributions requested, following percentages established by the Agency itself and communicated by November 30th through a specific provision. This means that the actual contribution could vary depending on the number of requests received and the overall amount of funds requested, allowing for a fair distribution of resources.
The disbursement of the contribution will take place via direct credit to the current account indicated in the application, in the name of the applicant. It is therefore essential that the IBAN provided is correct and in the name of the beneficiary, to avoid any delays or problems in crediting.
