As expected from the new one Budget Law 2020 and from tax decree 2020, taxpayers from next year, as well as enjoying house bonus 2020 for energy requalification and renovations, mobile bonuses and green bonuses, they will also benefit from one new IRPEF 2020 deduction, that for the facade renovation external buildings, equal to 90% of the expenses incurred.
The new home bonus 2020 is called bonus facades and it will serve to give a new face to our cities.
Taxpayers, therefore, will be able to benefit from one 90% relief in case of interventions of exterior renovation of condominium and non-condominium buildings, benefiting from a refund equal to 90% of the expenditure incurred in 2020.
Bonus facades 2020 latest news Budget Law:
Bonus facades 2020 Budget Law: Based on the speakers’ amendment filed with the Senate Budget Committee and then definitively approved in the Budget Law 2020, the bonus facades 2020 has been changed so:
in the latest version, the Facade bonus has become a standalone bonusthat is, any reference to the restructuring bonus has been removed.
the bonus cannot be applied to interventions on plants, such as downpipes or cavi: only interventions related to «opaque structures of the facade, on balconies or on ornaments and friezes» are eligible for the bonus. In other words, all systems and elements, such as window frames, are excluded.
Facade bonus is not allowed in some low urbanization areas. In practice, according to the new formulation, the possibility of deduction will be limited to the costs for existing buildings located in the “homogeneous zone” A or B and this allows a large part of the cities to be included in the bonus with the exception of the zones C, ie areas intended to new settlement complexes with low urbanization density. In short, some residential properties will remain cut off.
Another corrective itroduct concerns the alignment between the bonus facades and the eco-bonus for the thermal coat. The new version leaves the discount unchanged for cases of external cleaning or painting which therefore remains at 90%. If, however, you decide to touch up the plaster of at least 10% of the facade, it will be mandatory to respect energy efficiency requirements and transmittance that, in fact, will induce many to choose to make a thermal coat. There will be spot checks on compliance with the requirements
The facades 2020 bonus of 50% has been extended to holders of business and self-employed income. Therefore, these are hotels and companies that own properties for instrumental use.
What is the facades 2020 bonus?
What is the bonus facades: as required by the Budget Law 2020 and by tax decree 2020, a new tax bonus called is established next year bonus facades 2020 which provides for one income tax relief of 90% for those who renovate facades of condominium and non-condominium buildings, starting from 2020.
With the facade bonus 2020 will therefore have one 90% deduction of the expenses incurred, yet to define the expenditure ceiling and how to use the new tax concession.
According to text of the Bill of the Budget Law 2020 presented to the Senate, the launch of the so-called bonus facades in addition to the confirmation of the house bonuses (such as ecobonus, sismabonus, furniture bonuses, building renovation).
Specifically, thearticle 25 of the Budget Bill 2020 provides that the costs documented and incurred in the year 2020, relating to building interventions, including those of ordinary maintenance, aimed at:
can be deducted from taxes.
For more information, see the Revenue Agency website in the bonus guide facades 2020 pdf.
Bonus facades 2020 how it works and requirements:
How the facades 2020 bonus works: based on the provisions of the final text of the Budget Law 2020 and of the 2020 tax decree, pending the guidance of the Inland Revenue, we are going to explain in detail the facade bonus what it is and how it works, what is the deduction fee, how to make the payment, when it starts and the eligible spending limit.
The bonus facades 2020 was envisaged as a new measure within the 2020 home bonus package, whose interventions have all been extended for another year.
In particular the extension of the tax deductions were recognized in 2020 up:
Returning to facade bonus 2020 we remember that:
the façade bonus will be cumulative with other energy saving measures, so for example you can retry the façade and at the same time intervene with facilitated works with the Ecobonus.
Facade bonus 2020 deduction 90%:
The bonus facade 2020 new deduction 90% of expenses on renovations it is a new facility that will allow Italian cities to return to new splendor.
The Facade bonus is due since 2020 to those who carry out renovations in 2020 in the historic center or in the suburbs, in large cities or small municipalities, of:
There deduction at 90% of expenses incurred for this type of intervention is one of the most substantial reliefs of the home bonuses recognized today, although the limits on the amount are not clear, as are the specific expenses allowed in tax deduction.
The expenses eligible for the 2020 bonus, at least on paper, should include:
Bonus facades 2020 excluding expenses: Revenue Agency guide
The 2020 facades bonus cannot be applied to interventions on plants, such as downpipes or cavi: only interventions related to «opaque structures of the facade, on balconies or on ornaments and friezes» are eligible for the bonus. In other words, all systems and elements, such as window frames, are excluded.
Based on the latest changes approved in the Senate, the following expenses are excluded from the bonus:
The new bonus guide 2020 Revenue Agency, provides that:
The bonus facades bonus is a tax deduction, to be divided into 10 constant annual installments, equal to 90% of the costs incurred in 2020 for interventions, including those for cleaning only or external painting, aimed at the recovery or restoration of the external facade of the existing buildings located in certain areas.
Only interventions on the opaque structures of the facade, on balconies or on ornaments and friezes are eligible for the benefit.
In particular, these are areas A and B identified in article 2 of decree no. 1444/1968 of the Minister of Public Works: the first includes the parts of the territory affected by urban agglomerations that are historical, artistic or of particular environmental value or by portions of them, including the surrounding areas that can be considered an integral part, for these characteristics , of the agglomerations themselves; the second, on the other hand, includes the other parts of the territory built, even if only in part, considering such the areas in which the covered surface of the existing buildings is not less than 12.5% of the land area of the area and in which the territorial density is above 1.5 mc / m2.
If the facade refurbishment works, when they are not just cleaning or external painting, concern interventions that influence from a thermal point of view or affect more than 10% of the plaster of the overall gross dispersing surface of the building, it is required that they be satisfied the requirements of the Mise decree of 26 June 2015 (“National guidelines for the energy certification of buildings”) and those of the thermal transmittance values indicated in table 2 attached to the Mise decree of 11 March 2008. In these cases, the ENEA will carry out checks on the existence of the necessary prerequisites, according to the procedures and methods established by the interministerial decree of 11 May 2018. The provisions of the Mef decree n. 41/1998, that is the regulation regarding deductions for building renovation costs.
Facade bonus and home bonus extension in Budget Law 2020:
Facade bonus is 2020 home bonus extension in the Budget Law 2020.
There 1 year extension is for the whole package of discounts dedicated to you work at home so:
2020 restructuring bonus: 50% deduction for a maximum expenditure of 96,000 euros, to be divided into 10 annual installments of the same amount also extended to other types of intervention.
green bonus, with a 36% deduction for urban redevelopment with facilitated interventions for private individuals and condominiums for terraces, balconies and gardens and for those who finance public green works, has NOT been extended.
Furniture bonus: facility that provides for a 50% deduction for the expenses incurred for the purchase of furniture and appliances, will be reconfirmed for 2020.
Sismabonus: deduction of up to 85% for those who carry out interventions on the entire energy saving building or seismic adjustment with the so-called sismabonus. For the sismabonus, there is also talk of a possible extension of the facility to sheds and businesses.
Unique bonus condominiums: only for condominium energy requalification works, sismabonus + ecobonus, with expenses deducted at 80% or 85%, depending on the degree of risk reduction achieved with the interventions themselves.
For more information read our guide on the extension of the house bonus in the 2020 budget law and the news in the growth decree text.