The furniture and appliance bonus is a significant tax incentive in Italy, aimed at assisting residents with essential home purchases. The government has extended this program until 2026, allowing homeowners to benefit from a 50% tax deduction on eligible expenses.
This guide outlines key aspects of the bonus, including
eligibility requirements, types of purchases covered, and strategies for effectively utilizing this financial benefit.
The facts
To qualify for the furniture and appliance bonus, applicants must be currently receiving a tax deduction for property renovations. This program primarily targets those enhancing their homes with new furniture and energy-efficient appliances.
How to apply
To access this bonus, purchases must be made through traceable payment methods such
as bank transfers or credit and debit cards. Cash transactions and checks are not eligible. Each household can claim the bonus for multiple properties, provided they adhere to the spending limits set for each unit.
The maximum allowable expenditure for each property is capped. Homeowners renovating multiple properties can apply for the bonus separately for each, provided they comply with the respective spending caps.
Eligible items and their specifications
Items purchased under the furniture and appliance bonus must meet specific energy efficiency standards. For furniture, items must have a minimum classification of A+, while appliances like ovens need at least an A rating. Dishwashers and washing machines must meet an E classification, and refrigerators and freezers require a minimum rating of F.
When shopping for new furniture or appliances, consumers should pay close attention to energy labels to ensure eligibility for the deduction. Eligible purchases include essential furniture such as sofas, beds, wardrobes, and desks. However, flooring, curtains, and doors are not covered under this bonus.
Maintaining proper documentation
Homeowners must keep accurate records to successfully claim the tax deduction. This includes invoices, payment receipts, and any relevant documentation verifying the purchase of eligible items. These records will be necessary when filing tax returns, either using the 730 model or the Redditi model for individuals.
If a purchase spans multiple years, the spending limit remains constant and cannot be doubled. Therefore, diligent tracking of expenses is essential to ensure compliance with the allowed limits.
The interconnection with renovation bonuses
Homeowners should also consider the relationship between the furniture and appliance bonus and the renovation bonus. Those undertaking renovation projects may benefit from both bonuses, provided that furniture and appliances are purchased after the renovation work has begun. This allows for additional savings while upgrading living spaces.
This guide outlines key aspects of the bonus, including eligibility requirements, types of purchases covered, and strategies for effectively utilizing this financial benefit.0
Future considerations
This guide outlines key aspects of the bonus, including eligibility requirements, types of purchases covered, and strategies for effectively utilizing this financial benefit.1
This guide outlines key aspects of the bonus, including eligibility requirements, types of purchases covered, and strategies for effectively utilizing this financial benefit.2