Tax breaks: bonuses and news for 2021
From the furniture bonus to the water bonus, there are still many benefits provided for 2021 by the new Budget Law.
In 2021 it will be possible to take advantage of the renovation bonus for extraordinary maintenance of buildings or building renovation; mobile bonuses; green bonus and water bonus, new this year.
But let's see specifically what it is.
RENOVATION BONUS
The bonus recognizes the IRPEF deduction increased by 50% with a maximum spending limit of 96,000 euros for each renovated real estate unit.
FURNITURE BONUSES
There is a 50% IRPEF deduction for the purchase of furniture with a maximum expenditure amount of 16,000 euros (increased compared to the previous 10,000) as long as it is furniture purchased for a property undergoing renovation.
Furthermore, the deduction is also available to those who benefit from the earthquake bonus, as well as the maxi deduction of 110% for anti-seismic interventions referred to in paragraph 4 of the art. 119 of the relaunch decree (Legislative Decree no. 34/2020).
For purchases made in 2021, the benefit can only be requested for works started from 1 January 2020.
GREEN BONUS
The deduction in this case is 36% and concerns the greening of uncovered areas of existing buildings, therefore not under construction, and the creation of green roofs and hanging gardens, so the bonus concerns not only gardens or aspiring such, but also balconies.
WATER BONUS
The measure is aimed at increasing water savings. The water bonus is 1,000 euros to be used by 31 December 2021 and is recognized to natural persons for the replacement of ceramic vases with new appliances with reduced drainage and sanitary taps, shower heads and columns with flow limitation devices of water. Always for existing buildings, not under construction.
To take advantage of this bonus, it is necessary to wait for the ministerial decrees which will define the implementation methods.
The measures, also for this 2021, are aimed at increasing the environmental sustainability of the buildings we live in. This year too, therefore, we have no excuse not to do some jobs at home: the environment wins, but you win too.
What are you waiting for then? On Briconow you can find everything you need to renovate your home, from the bathroom to the garden and here you can find all the information to take advantage of the deductions.
SOURCE: Revenue Agency