Tax regulation mechanism (Superbonus 110%)

• DL 34/20
• DL 4/6/2013
• L 232/16

The superbonus is a tax regulation mechanism that offers the possibility of 110% tax detraction of the expenditure made to improve home’s energy efficiency, lower its seismic risk and additional works such as that are non-specific to energy efficiency, installation of photovoltaic systems or charging point for electric vehicles (DL 34/20). The expenses must be incurred between 1 July 2020 and 30 June 2022, and the renovation must show an improvement of at least two energy classes to obtain the tax bonus.
Additionally, anyone buying Italian residential property within 18 months from the date when restoration / conservative rehabilitation works were carried out, is entitled to Superbonus tax credit. Deduction can also be approved for expenses incurred in the following 6 months (until 31 December 2022) if works were carried out on the common parts of buildings consisting of two to four distinctly stacked real estate units, owned by a single owner or co-owned by several natural persons, and, if by 30 June 2022, at least 60% of the total intervention was completed.

Criteria regarding maximum deductible expenses:
• For thermal insulation of single property, the maximum limit is €50,000
• For thermal insulation of multiple properties (from 2 to 8 units) the maximum limit is €40,000 per unit
• For thermal insulation of more than 8 properties the maximum limit is €30,000 per unit
• For heating or A/C system of single property the maximum limit is €30,000
• For heating or A/C of properties from 2 to 8 units, the maximum limit is €20,000 per unit
• For heating or A/C system of more than 8 properties the maximum limit is €15,000 per unit
• For the photovoltaic systems of each housing unit the maximum limit is €48,000
• For the solar panel system of each housing unit the maximum limit is €48,000
• For charging stations at each housing unit the maximum limit is €3,000

Natural persons, Italian or non-Italian, who own a house or building in Italy. The tax discount is valid for a maximum of two separate properties.

First, accredited professionals must issue a formal certification that all the technical standards regarding to the qualifying works / equipment have been complied with, and all the expenses are both proportionate and suitable. A lawyer is also required to check all contracts, and make sure they are fully compliant and enforceable in law. All formal certifications and documentations must be sent electronically to ENEA, together with a copy of the professional indemnity insurance policy.
The tax credit can be “spent” in 3 different ways:
• This tax credit can be set against tax liabilities of the relevant property owner, over five years, in five equal annual instalments. However, this option is valid only for those paying income taxes in Italy.
• Alternatively, it is possible to opt out for a contribution as an invoice discount applied directly by the suppliers. The client pays the invoice with a discount (up to 100% of the total amount) and the suppliers “buys” the fiscal credit from its client and then use it as a deduction.
• Finally, transfer the tax credit to third parties (such as banks, insurance firms and other organizations). These entities have established an average purchasing price of 100% of these fiscal credits. Furthermore, in some cases, third parties could grant a loan in advance, which they get back with the bonus obtained.

• ENEA
• The Revenue Agency