Ecobonus building 110 percent, perhaps over 18 months

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Rome – The 110% building eco-bonus could extend beyond the 18 months announced thanks to the Recovery Fund. The duration limited to 18 months of the concession is in fact too narrow. It will now be up to Parliament to find the coverages needed to broaden the scope of the rule. A crucial aspect is that of the fairness of the costs of the works and therefore of avoiding the risk of upward agreements between the client and the work supplier, which certainly cannot be excluded a priori since the bonus is 110% of the expenditure incurred by the taxpayer . Fraccaro stressed that those who will have to certify the adherence of the costs incurred with the current prices of the works will have the obligation to take out an insurance policy that covers the risk of dispute during the control phase. It also announced the creation of an ad hoc portal where not only will it be possible to have all the information on the bonuses but also to send the necessary documentation at the end of the works. The policy is of crucial importance for the assignment of the credit to work in the form introduced by the relaunch decree: it is clear that those who take over the credit must be sure that they are not involved in any disputes regarding the adequacy of the figures.

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 <p>There is a great deal of attention on the assignment of credit, as was found in the meeting both by the banking and insurance world, for the first time involved in this business, also because the mechanism will not only apply to the super eco-bonus and the earthquake bonus, but to all tax-facilitated building operations, with repayment schedules by the Treasury equal to those provided for by the facilities to which the credit refers: therefore five years for the super eco bonus or the seismic bonus, ten years for the bonus facades or the building renovation bonus. To start the sales, however, it is necessary that the operational indications are received from the Ministry of Economy. </p>                     


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https://www.ragusanews.com/2020/05/28/attualita/ecobonus-edilizia-110-per-cento-forse-oltre-i-18-mesi/109057

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