Here it is all tax breaks for the building renovation 2017. Also for 2017, the Budget Law, published in the official gazette, extended to 31 December 2017 the possibility of taking advantage of the 50% deductions on restructuring interventions, i.e. to deduct the tax from the personal income tax (IRPEF) 50% of the expenses incurred for renovate homes and the common parts of the condominiums. But let’s find out in detail how and when to submit the application.
The 2017 Home Bonuses approved by the Budget Law also include tax concessions regarding the building renovation. As for the 2017 Furniture Bonus, even those who carry out a building renovation will be able to deduct 50% of the expenses incurred. Furthermore, for the period between 1 January 2017 and 31 December 2021, a tax deduction of 50% is envisaged for the expenses incurred for the adoption of anti-seismic measures on buildings falling within the seismic areas of high danger (zones 1,2 and 3).
The conditions for benefiting from the subsidy, for the building renovation 2017, provide that the maximum expense limit on which to calculate the deduction is 96,000 euros for expenses incurred from 26 June 2012 to 31 December 2017 and that the deduction must be divided into 10 annual installments of the same amount.
But who is the tax breaks on building renovation 2017? THE beneficiaries they are the owner or the naked owner, the holder of a real right of enjoyment (usufruct, use, dwelling or surface), the tenant or the borrower, the members of divided and undivided cooperatives, the members of simple companies and individual entrepreneurs , only for properties that do not fall under the instrumental or commodity ones.
To take advantage of the deduction, it is necessary to follow a very specific bureaucratic process. First of all you will have to send to the local health authority competent for the area, before starting the work, a communication with registered letter with return receipt. of the deduction and the tax code or VAT number of the recipient of the payment.
To take advantage of the deduction it is sufficient to indicate in the tax return the cadastral data identifying the property and, if the work is carried out by the holder, the registration details of the deed that constitutes the title and the other data required for checking the deduction.
Here it is all tax breaks for the building renovation 2017. Also for 2017, the Budget Law, published in the official gazette, extended to 31 December 2017 the possibility of taking advantage of the 50% deductions on restructuring interventions, i.e. to deduct the tax from the personal income tax (IRPEF) 50% of the expenses incurred for renovate homes and the common parts of the condominiums. But let’s find out in detail how and when to submit the application.
The 2017 Home Bonuses approved by the Budget Law also include tax concessions regarding the building renovation. As for the 2017 Furniture Bonus, even those who carry out a building renovation will be able to deduct 50% of the expenses incurred. Furthermore, for the period between 1 January 2017 and 31 December 2021, a tax deduction of 50% is envisaged for the expenses incurred for the adoption of anti-seismic measures on buildings falling within the seismic areas of high danger (zones 1,2 and 3).
The conditions for benefiting from the subsidy, for the building renovation 2017, provide that the maximum expense limit on which to calculate the deduction is 96,000 euros for expenses incurred from 26 June 2012 to 31 December 2017 and that the deduction must be divided into 10 annual installments of the same amount.
But who is the tax breaks on building renovation 2017? THE beneficiaries they are the owner or the naked owner, the holder of a real right of enjoyment (usufruct, use, dwelling or surface), the tenant or the borrower, the members of divided and undivided cooperatives, the members of simple companies and individual entrepreneurs , only for properties that do not fall under the instrumental or commodity ones.
To take advantage of the deduction, it is necessary to follow a very specific bureaucratic process. First of all you will have to send to the local health authority competent for the area, before starting the work, a communication with registered letter with return receipt. of the deduction and the tax code or VAT number of the recipient of the payment.
To take advantage of the deduction it is sufficient to indicate in the tax return the cadastral data identifying the property and, if the work is carried out by the holder, the registration details of the deed that constitutes the title and the other data required for checking the deduction.
