There is also a chapter dedicated to housing bonuses in the Meloni government’s 2027 budget law, the last of the legislature before the elections scheduled for next year. There are some measures confirmed and extended, with the related deductions, while the possible return of the ecobonus to 65% remains pending.
The Deputy Minister of Economy, Maurizio Leo, clarified which housing measures have obtained an extension for next year as well. The number two of the Mef, on the occasion of the press conference at the end of the Council of Ministers which launched the measure, made it known that “in the construction sector we have confirmed the measures of 50% and 36% for building renovations for the first home and the furniture bonus of up to 5 thousand euros”.
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The incentive to renovate your home
Let’s start from the first measure: the relief for building renovations. As explained on the Revenue Agency website, taxpayers who renovate homes and common areas of residential buildings located in the territory of the State can deduct part of the expenses incurred for the works from personal income tax (Irpef). The deduction “can be requested for expenses incurred during the year, according to the cash criterion, and must be divided among all the subjects who participated in the expense and who are entitled to it”.
The measure of the restructuring bonus is aimed, the Revenue Agency further explains, “at taxpayers subject to Irpef, whether or not resident in the territory of the State, who support the restructuring costs. Among others it concerns: the owners of the properties subject to the intervention; the holders of real/personal rights of enjoyment on the properties; the tenants; the family member cohabiting with the owner or holder of the property subject to the intervention”.
The limit of 96 thousand euros
In the form in which it was also extended for 2027 by the Meloni government, the measure provides for a deduction which “is due to the extent of 36% (or 50% in the case of a main residence) on a maximum of 96 thousand euros per real estate unit”. It is then specified that from 1 January 2025 “interventions to replace winter air conditioning systems with single boilers powered by fossil fuels” are excluded. In any case, the deduction must be divided into ten annual installments of the same amount.
The furniture and appliances
Deputy Minister Leo also confirmed the furniture bonus of up to 5 thousand euros. This is an Irpef deduction for the purchase of furniture and large appliances “intended to furnish a property undergoing renovation”. The maximum amount is “including any transport and assembly costs, and the deduction must be divided into ten annual installments of the same amount”.
The deduction provided for by the furniture bonus is aimed at those who purchase new furniture and appliances (of a class no lower than class A for ovens, class E for washing machines, washer-dryers and dishwashers, class F for refrigerators and freezers), and have carried out a building renovation project starting from 1 January of the year preceding that of the purchase of the goods.
Furthermore, the maximum spending limit concerns the single real estate unit, including appurtenances, or the common part of the building being renovated. The taxpayer who carries out renovation work on multiple real estate units will therefore be entitled to the benefit several times.
The future of the ecobonus
And the ecobonus? The return of the economic incentive which provides a 65% tax break for expenses incurred to increase the energy efficiency of buildings remains pending for the moment. In the weeks preceding the launch of the measure, this measure was often discussed, but it was not included in the first version of the text. To date, therefore, it does not seem destined to return. A possible positive outcome of the ongoing negotiation with Brussels on spending margins, however, could unlock new economic resources and allow the 65% ecobonus to be included during the examination of the law in Parliament. We’ll see.