Changes in the 2026 budget law
The 2026 budget law has introduced significant modifications to various building bonuses. These changes aim to enhance renovation and construction projects across the region. Homeowners and builders can now benefit from extended deadlines for several bonuses,
allowing them to improve property quality while effectively managing costs.
Understanding the latest tax incentives and eligibility requirements is crucial for maximizing the advantages of these programs. By familiarizing themselves with these updates, individuals and businesses can take full advantage of the opportunities presented by the new budget law.
Key changes in building bonuses
Recent legislation confirms the continuation of several significant bonuses. These include the Renovation
Bonus, Ecobonus, and Sismabonus, which are now valid until December 31, 2026. However, popular programs like the Superbonus and the Bonus for Architectural Barriers will be discontinued. This shift signals a move towards a more structured and predictable framework for future renovations.
Understanding the tax deduction structure
For the fiscal years 2026 and 2027, tax deductions for eligible expenses will remain unchanged. However, a gradual
reduction in deduction rates will begin in 2027. Homeowners will have the option to deduct eligible expenses in ten equal annual installments, offering a manageable approach to tax relief.
New income thresholds and deduction limits
A significant update from the latest budget law establishes a maximum spending cap for taxpayers with a total income exceeding €75,000. This cap is based on the number of family members and is determined by multiplying a base amount by a specific coefficient related to the number of dependent children. For example, if the base amount is set at €14,000 and a family with two dependent children has a coefficient of 0.85, the maximum deductible amount would be €11,900.
Practical examples for taxpayers
To illustrate how these deductions operate, consider a taxpayer earning €80,000 with two dependent children and €15,000 in renovation expenses. Given the maximum deductible limit of €11,900, this taxpayer would qualify for a tax deduction of approximately €5,254. It is important to note that these calculations may differ based on specific expenses and the applicable deduction percentages for various types of work.
Taxpayers should also be aware that the new regulations do not have retroactive effects; they apply only to expenses incurred from 2026 onwards. The Revenue Agency’s circular n. 6/E of 2026 offers additional guidance on how to efficiently navigate these new rules and submit the required claims for deductions.
The future of bonuses and their implications
The Superbonus program is set to end on December 31, 2026. However, it will remain applicable for specific reconstruction projects in areas affected by seismic events. To qualify for these incentives, applications must be submitted by March 30, 2026.
In addition, the Ecobonus and Sismabonus programs will continue, though the available rates will vary depending on the year in which the expenses are incurred.
For instance, the Sismabonus provides deductions that range from 50% to 30%, depending on the type of residential property. This highlights the necessity of adhering to technical construction standards to access these financial incentives.
The importance of compliance
The landscape of building bonuses is changing. Understanding the specific requirements for each program is now more critical than ever. Taxpayers must stay informed about the latest regulations to navigate these complexities effectively. The budget law aims to create a stable framework for building bonuses, emphasizing the need for adherence to rules governing tax deductions and energy efficiency standards.
The current environment presents an opportunity to utilize various building bonuses for renovation projects while ensuring compliance with updated regulations. Taxpayers and construction professionals must adapt to these changes to fully benefit from the available incentives.