Building renovation bonuses

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With the 2017 budget law (law no. 232 of 11 December 2016) the 50% deduction for building renovations has been extended until 31 December 2017..

It consists of a 36% deduction from the personal income tax of the expenses incurred, up to a total amount of the same not exceeding 48,000 Euro per property unit.

However, fr expenses made from 26 June 2012 to 30 June 2013, It. Law Decree no. 83/2012 raised the amount of the deduction to 50% and the maximum amount of permitted expenditure for the benefit to 96,000 Euro.

These higher bonuses were then extended several times by subsequent provisions. Lastly, the 2017 budget law (It. law no. 232 of 11 December 2016) extended to 31 December 2017 the possibility of taking advantage of the higher personal income tax deduction (50%), confirming the maximum spending ceiling of 96,000 Euro per property unit.

As of 1 January 2018 the deduction will go back to the ordinary amount of 36% and with the ceiling of 48,000 Euro per property unit.

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Write to info@drenatech.com or call the no.  +39 0143 636103

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The cost of the complete sample is €60. The cost of the personalized sample book with 6 samples is €25.
The discount on the invoice for the sample purchased will be applied to the first order.

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