As for i condos, they must be legally established (i.e. have at least two owners and two real estate units). That way they can always get the tax deductions of 110%, even if inside there are second homes or real estate units owned by companies. In the case of the single-family buildings the eco-bonus will be usable for the main homes. The second homes they should be covered by the measure if not luxury.
The interventions – L’article 119 of the Relaunch Decree explains what jobs can access the new superbonus. The most important are defined driving interventions, because in addition to taking advantage of the IRPEF and IRES deduction of 110%, if associated with other works by “qualified” energy saving or the installation of charging columns of electric vehicles, extend the superbonus 110% to the latter too. To access the incentives, the works must be carried out from 1st July 2020 to 31st December 2021. Let’s see specifically what are the improvements that fall within the deductions.
The driving jobs – The so-called driving interventions are three and take advantage of superbonus 110%:
1. Speeches by thermal insulation (thermal coat) of the vertical and horizontal opaque surfaces affecting the building envelope with an incidence higher than 25% of the area gross dispersant of the building itself. The maximum expenditure is 60 thousand euros per building unit.
2. Interventions on common parts of buildings for the replacement (non-integration) of existing heating systems with centralized condensing, heat pump, hybrid and geothermal systems, also combined with the installation of photovoltaic systems and related storage systems, microcogeneration. In this case, the expenditure must be a maximum of 30 thousand euros per building real estate unit.
3. Interventions on single-family buildings for the replacement (non-integration) of existing heating systems with heat pump, hybrid, geothermal systems, also combined with the installation of photovoltaic systems and related storage and microcogeneration systems. The expenses must not exceed 30 thousand euros.
Electric vehicle charging – The charging stations for electric cars they are one of the interventions which, if carried out together with at least one of the leading works, fall under the deduction of the superbonus. They were already 50% facilitated, but if they are installed together with the interventions described above they will be practically free.
The bonus facades – For what concern restoration of building facades, such as cleaning or external painting, there is already a 90% bonus, introduced with the Budget Law 2020. No increase is foreseen from 90% to 110%, but those who intend to carry out work on the external facades of homes can choose whether to switch to the new superbonus. The mechanism is always the same: to take advantage of the new deductions, the works must be linked to one of the main interventions. However, the transition from one facility to another entails more stringent requirements, which must be paid attention to. The “old” facade bonus of 90% affects all taxpayers (including businesses and companies) and concerns all properties located in areas A and B. The superbonus, on the other hand, as explained above, applies to individuals but not in the exercise of enterprises, art or professions; to condominiums and IAPC, but only for works carried out on the first houses.
The fixtures – The 110% tax deduction applies heavy renovations and no work such as the restoration of individual apartments inside the condominiums. However, using the mechanism of the driving interventions, the replacement of fixtures could enjoy the rate of 110% if made together with the thermal coat. The same applies, for example, to the installation of solar shading, which is why anyone who has the opportunity to activate one of the leading jobs is advised to evaluate and plan other interventions as well.
The sismabonus – The Relaunch Decree extends the 110% deduction also to seismic interventions for the safety of buildings from 1 July 2020 to 31 December 2021. The houses that can benefit from the bonus are those located on seismic zones 1, 2 and 3, with the exclusion of zone 4. As it is not a new facility, but of the rate adjustment, the previous spending limits remain applicable, that is, 96 thousand euros for each real estate unit and a new maximum deduction of 105,600 euros for each unit. This type of work does not require coupling to the towing interventions to take advantage of the deduction, therefore they could always be facilitated, even in the case of second homes, such as seaside villas. The doubt, however, concerns the buildings used for production activities: while falling within the facilitative forecast of the seismabonus, the new incentive is granted to natural persons outside the business, articles and professions (individual entrepreneurs for example). For this reason, communications from the Revenue Agency are awaited.
Photovoltaic systems – Superbonus of 110% which also belongs to the installations of photovoltaic and solar systems systems of accumulation. The only prerogative is that they are performed in conjunction with the driving interventions or those relating to the seismabonus.
Energy class jump – All the interventions described above must ensure the improvement of at least two building energy classes, or if it were not possible, the achievement of the energy class highest, to be demonstrated through the energy performance certificate (Ape) issued by a qualified technician. However, this request should be clarified, as the Ape certifies the energy performance of the individual real estate units and not of the entire building. It would therefore seem that all individual homes must certify the double jump of the energy class or the achievement of the highest one.
Payment methods – Those who decide to start work and take advantage of the superbonus can opt for the fiscal detraction or for a contribution in the form of discount on the price due to the company. The latter will advance the bonus and recover it from the taxman as credit tax. This credit may alternatively be transferred to other subjects such as banks, insurance companies or other authorized intermediaries. A mechanism, this, which could however discourage small construction companies, which cannot always afford a missed collection and then save on taxes in the future. The risk is that companies decide to give up their jobs so as not to lose out.
Article produced in collaboration with the IULM two-year journalism master, edited by Benny Mirko Procopio.