Not everyone knows that the Renovation Bonus goes far beyond just construction works: here are all the expenses that can be reimbursed.
There has been a lot of talk in recent months about the renovation bonus, the measure that allows you to take advantage of a 50% deduction up to a maximum expenditure of 96 thousand euros for residential properties (both for single homes and for condominiums), to be divided in ten annual installments of the same amount. But what expenses are actually deductible? The answer is far from obvious. And for once for taxpayers there is a pleasant surprise.
The Revenue Agency clarifies the point: in the case of extraordinary maintenance works on a condominium property for residential use, the compensation paid to the surveyor for drafting the Notice of Commencement of Works Asseverata (Cila), to be presented to the Municipality, as safety coordinator during the planning and execution of the works and as works director, can be deducted at 50%.
The renovation bonus and professionals’ fees: instructions for use
The expenses relating to the fees of technical professionals are to all intents and purposes among those that can be deducted thanks to the 50% Restructuring Bonus with a maximum of 96 thousand euros (until 31 December 2024, after which it should return to 36% before to decrease to 30% from 2028, according to the new provisions of the Superbonus Decree and subject to further modifications). The reference is to the fees paid to professionals for the design and other professional services necessary for the recovery interventions of the building heritage, even if the expenses were incurred before the work began.
Furthermore, it is possible to deduct the expenses for the payment of taxes (VAT and stamp duty) and the fees necessary for the issuing of concessions, authorizations and for the declaration of the start of works. In short, for those who have to support a building renovation project, savings are guaranteedwithout prejudice to all the requirements for access to the benefit.
The Revenue Agency would like to remind you in particular that to benefit from the deduction the taxpayer must have completed the required formalities and possess the relevant documentation (detailed in the provision of the Director of the Revenue Agency dated 2 November 2011), which must be kept and exhibited upon request from the competent offices. The savings are therefore considerable if you manage to meet the requirements to request the bonus.
