ANCE Savona’s concern regarding the so-called “credit spread” ruleapproved by the Senate as part of the amendments to the Superbonus Law Decree (DL 39/2024).
Among the innovations envisaged by the Government’s amendments, the mandatory distribution over 10 years of deductions relating to expenses incurred starting from 1 January 2024 And relating to the Superbonus, Architectural Barriers Bonus and Earthquake Bonus – valid only for direct use in the tax return of the aforementioned, while it does not concern the use of tax credits deriving from transfer or discount on the invoice. Also foreseen from 2025 is a ban on banks offsetting tax credits linked to bonuses with social security and welfare contributions. Municipal controls on all interventions included in the Superbonus have also been introduced. From 2028 to 2033 the renovation bonus will finally be reduced to 30%.
“What alarms us in particular is the impact that the retroactivity, albeit limited, of the ten-year distribution obligation will have on the construction sector, with significant consequences on all works already started or started from 1 January 2024” explains Massimo Baccino, president of ANCE Savona. “Thus, various dimensions of the management of construction companies will be affected, such as liquidity and cash flows, future projects and investments, compensations and investments, up to additional costs linked to greater controls and obligations. We can only express our disappointment at the lack of involvement of trade associations in the definition of regulations with such an impact on our sector and our companies”.
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