The introduction of the 2026 budget law presents a significant opportunity for homeowners seeking renovations. A key element of this law is the furniture bonus, which enables individuals to claim a 50% tax deduction on expenses for new furniture and large appliances, provided these purchases coincide with renovation efforts.
The furniture bonus explained
The furniture bonus aims to assist homeowners engaged in renovation projects. It offers a deduction of up to €5,000 per property, allowing homeowners to receive a maximum deduction of €2,500 over ten annual installments. To qualify, purchases must be made in conjunction with renovations that commence on or after January 1, 2026.
Eligible expenses for the furniture bonus
The furniture bonus covers a variety of items. Eligible purchases include essential furnishings such as beds, sofas,
tables, and wardrobes. Additionally, large appliances must meet specific energy efficiency standards. For example, ovens are required to have an energy rating of class A or better. Washing machines and refrigerators must meet at least class E or F requirements.
Requirements and conditions for the bonus
To benefit from the furniture bonus, an active renovation project must be in progress. The renovation start date must precede the purchase of any new furniture. This requirement
ensures that the bonus is directly linked to home improvements.
Limitations and exclusions
It is important to understand that the furniture bonus cannot be claimed independently; it must be part of a concurrent renovation project. Additionally, expenses dedicated solely to energy-efficient upgrades, such as new heating systems, are not eligible for this deduction. If renovations do not begin within the specified timeframe, the bonus may be forfeited.
Documentation and application process
To effectively utilize the furniture bonus, careful record-keeping is essential. Homeowners should maintain all pertinent documentation, including invoices and payment receipts. It is also recommended to inform the ENEA (National Agency for New Technologies, Energy, and Sustainable Economic Development) within 90 days of the purchase or completion of renovation works to ensure the deduction is validated.
The benefits of the furniture bonus
The furniture bonus offers a significant opportunity for homeowners looking to improve their living spaces through renovations and new furnishings. By following the established requirements and maintaining organized documentation, individuals can achieve considerable tax savings. This accessibility can greatly enhance the transformation process of homes.
Maximizing the opportunity
The 2026 furniture bonus stands as a beneficial initiative for those seeking to elevate their living conditions without straining their finances. With thorough planning and adherence to the guidelines, homeowners can leverage this bonus to modernize their residences effectively.