With resolution no. 55 of 26 November, the Revenue Agency introduced three new tax codes for the management of construction credits linked to Super bonus, Sismabonus And Architectural barrier bonus.
The codes “7774”, “7775” and “7776” can be used in the F24 form to compensate for the installments further divided into six annual installments, as required by current regulations.
Here’s everything you need to know about these tax news.
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The regulatory origin of the new tax codes
The new tax codes are based on article 121, paragraph 3-ter, of Legislative Decree no. 34/2020. This rule provides that qualified entities, such as banks, insurance companies and financial intermediaries, can purchase construction loans for a value equal to or greater than 75% of the tax deductions due.
However, to avoid the installments being further divided into six non-transferable annual installments, a communication to the Revenue Agency is mandatory by 31 December 2024.
In the absence of this communication, the credit installments relating to the years 2025 and subsequent years will be automatically divided into six annuities, which can only be used for compensation via the F24 form.
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The three new tax codes: details and use
The tax codes established for the management of further distributed installments are the following:
- “7774”: intended for the Superbonus (art. 119 of Legislative Decree no. 34/2020).
- “7775”: relating to the Sismabonus (art. 16 of Legislative Decree no. 63/2013).
- “7776”: associated with the architectural barrier bonus (art. 119-ter of Legislative Decree no. 34/2020).
To avoid errors in managing credits using the new tax codes, it is essential to carefully follow the operational instructions:
- “Treasury” Section: report the specific tax code between “7774”, “7775” or “7776” depending on the type of bonus.
- Column “credit amounts offset”: indicate the amount of credit you intend to use as compensation.
- Column “debit amounts paid”: fill in only in case of repayment of the credit.
- Reference year: enter the year in which the credit installment can be used, using the “YYYY” format.
An automated check verifies that the amount indicated corresponds to the amount actually available.
If the credit is not sufficient, the system rejects the payment delegation and notifies the sender of the error via the Revenue Agency’s telematic services.
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Timing and methods of use of credits
The installments of construction credits, resulting from the further distribution, can be used exclusively in the period between January 1st and December 31st of the reference year.
It is essential that the transmission of the F24 form occurs through the electronic services made available by the Revenue Agency, since other methods of sending are not accepted. This approach guarantees greater control and transparency in credit management, avoiding errors or non-compliant uses.
