Super eco-bonus: which relief and limits

The Relaunch Ordinance in the Official Gazette shows the outline of the super ecobonus.This super ecobonus allows a fiscal/tax deduction to be spread over five years. This deduction is equal to 110% of the incurred expenses for works carried out between July 1 and December 31, 2021.

What can you do

Before reporting the main features of the text (which, however, awaits the examination and any changes by the Parliament in the next sixty days before the final entry into force) it is important to clarify that some media simplifications spread in these days have caused an excess of synthesis to which the television news programs are sometimes forced.

The ordinance presents a series of innovative measures for the renovation of buildings but it does not generically allow you to renovate your house for free. For example, if a wall is demolished or the house’s waterworks is rebuilt, the bonus, which has various modes (50% deduction in ten years), can be used.

 

Works that allow the utilization of the eco-bonus

Having said that, let’s recall which works are entitled to the superbonus.

Three expenditure categories:

1) building thermal insulation, with a maximum deductible spending of 60 thousand euros per unit (this means that for an indipendent single house the maximum allowed is 60 thousand euros, for a condominium 60 thousand euros are allowed for each unit);

2) heating and cooling system implants with high efficiency requirements in the condominium, with a maximum spending of 30 thousand euros;

3) high efficiency boilers implants for independent units which also need to be the taxpayer’s main house.

The maximum spending of points 1 and 2 or 1 and 3 can be combined. For example, if a condominium insulates and changes the heating system implant, the maximum eligible spending is 60 + 30 thousand euros.

The requirement to access the facility is that the works need to bring an improvement of two energy classes or in any case an improvement of the energy performance of one energy class if this is the maximum possible.

Accessory works which are part of the new eco-bonus

The eco-bonus currently in force, with rates ranging from 50 to 75%, provides a series of other works that are not included in the above categories.

For example the replacement of the fixtures. These works however, could still be included. In fact if these works are completed together with the ones which belong to the three categories mentioned above, they are included in the new concession.

There are two other type of works which are entitled to the subsidy if they are carried out together with other works already entitled: the installation of photovoltaic panels and the setting of the charging columns for electric cars.

Eco-bonus 110%: those who remain excluded

The regulation also includes a series of exclusions from the super eco-bonus. The one exclusion (today entitled to the ordinary ecobonus) that will make people argue the most concerns the second independent single house.

In fact, the regulation excludes single-family units that are not main houses. Instead, the second houses part of a condominium are entitled to the super ecobonus.

Art operators and people with specific professions are also excluded even though they should be included in the regulation when their property is located inside a condominium.

This is what happens in the renovation bonus, it is extended to non-residential properties for works on the common parts in the condominium, and also, common sense says: any work to be done must be decided during an assembly by a qualified majority. If in a condominium there also are studios and shops at street level the owners will never give approval to the works if they cannot receive the concession.

Town houses and sismabonus

It is also interesting to point out that the idea of condominium includes all buildings that have some common parts. Even if the units are only two. So a town house including two separate units will be entitled to the bonus if the owners, for example, decide to insulate the building.These are considered condominium works even if for one or both owners the unit is not the main house.

In the end, the benefit provided for the seismabonus also rises to 110%. The legislation now in force provides variable rates depending on whether the works improve one or two seismic classes. The rate is now unified: according to the legislation in force residential and non-residential, first and second houses are included.

However, properties in seismic zone 4, that of municipalities where the risk of an earthquake is low or zero, are excluded.

20th May 2020
by Gino Pagliuca
Corriere della Sera.it