New concessions are on the way regarding rents and mortgages. Here is everything you need to know about it in detail.
Italy, as we know, is in disastrous economic conditions and its citizens are feeling the effects of this economic crisis. The State, in fact, has allocated various bonuses and benefits to the neediest citizens. Thus trying to give a minimum of relief to those who struggle to make it to the end of the month.
In fact, further relief is on the way regarding mortgages and rents. But what is it? And who can benefit from it. In the meantime, let’s start by telling you that this bonus is aimed only at certain categories of people.
Rental and mortgage relief: here’s what you need to know
There Budget Law 2024 has also set aside new features regarding bonuses and benefits rents and mortgages. Various bonuses are confirmed including: the rental bonus, the youth rental bonus and the first home mortgage bonus. He is alone for 2024 it is Another type of relief is also provided, namely the rent and mortgage bonuswhich falls within the fringe benefits and which concerns only some categories of employees.
Let’s see how to access the benefits provided for mortgages and rents. We also remember that among the various benefits provided there are also those to support those who live in rent or has stipulated a mortgage for the purchase of a house.
The situation for 2024 remained unchanged for all other bonuses, except for the Mortgage and rent bonus. This benefit is intended for employees who fall within the fringe benefits and will be valid from 1 January to 31 December 2024.
Thanks to the fringe benefit the employers may decide to recognize their employees a contribution to the paycheck for the repayment of rent or mortgage interest of the main house. The maximum payable through fringe benefits this year it amounts to: 1,000 euros for all workers e 2,000 euros for employees who are dependent children
This year, fringe benefits include meal vouchers, company cars,… water, gas and electricity bills and the expenses incurred for the rent and interest on the mortgage for the purchase of a first home. As specified by circular 5/E of the Revenue Agency, in the event that the employer decides to grant the fringe benefit on mortgages and rent to employees, the reimbursed expenses will not be able to benefit from the Irpef discounts.
For claim the bonus you must apply for the contribution and provide suitable documentation to support the request. In addition to rent mortgage bonus, in the following year you will be able to take advantage of:
- Rental bonus 2024 in the form of an Irpef deduction aimed at low-income tenants;
- Youth rental bonus 2024aimed at people aged between 20 and 31;
- First home mortgage bonuswith which it is possible to obtain a guarantee of up to 80% on the Guarantee Fund for the purchase of the first home;
- Rental contribution for off-site students: consists of a 10% deduction of the annual rent paid by off-site university students who meet certain requirements.
