The furniture bonus without renovation is a tax measure introduced by the Italian government to encourage the purchase of new furniture and furnishings without having to carry out building renovation work. This bonus, which will be valid until 2024, represents an opportunity for those who want to make their home more comfortable and modern, without necessarily having to incur large expenses. But how exactly does the furniture bonus work without renovation? What are the requirements to be able to request it? And above all, how do you get this tax benefit? Let’s find out together in this article
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How does the furniture bonus work without renovation?
The furniture bonus without renovation provides for a 50% tax discount on the cost of new furniture and furnishings, up to a maximum of 10,000 euros of expenditure. This means that if you buy furniture worth 6,000 euros, for example, you can take advantage of a tax discount of 3,000 euros. In order to access the bonus, the furniture and furnishings purchased must be new, not used, and must not be linked to building renovation work. In addition, the furniture must be functional to the home, that is, it must meet the housing needs of the house in which it will be placed. It is important to remember that the bonus cannot be combined with other tax deductions for the same expense, such as the 19% deduction for building renovations. However, it is also possible to request the bonus if you purchase custom-made or handcrafted furniture, as long as they comply with the requirements
required by the legislation.
What is the amount of the furniture bonus without renovation?
The amount of the furniture bonus without renovation corresponds to 50% of the expenditure incurred for the purchase of new furniture and furnishings, up to a maximum of 10,000 euros. This means that the taxpayer will be able to take advantage of a tax discount of up to 5,000 euros, if the expenditure made for the purchase of furniture and furnishings exceeds 10,000 euros, the maximum amount of the bonus required by the legislation. It should be noted that this tax incentive cannot be combined with other deductions or tax breaks, such as the 19% deduction for building renovations. In addition, the furniture bonus without renovation is valid only for the purchase of furniture and furnishings that are new and functional to the home in which they will be located, provided that they are not related to building renovation work. This tax measure represents an interesting opportunity for those who want to renew their home furnishings, making it more comfortable and modern, without having
to incur large expenses.
Who can claim the furniture bonus without renovation?
The furniture bonus without renovation is a tax incentive for all individuals who own a home in Italy, both landlords and tenants. Even families consisting of several people can apply for the bonus, provided that the expenditure for the purchase of furniture and furnishings is supported by only one component of the unit itself. It is important to emphasize that the bonus is valid only for the purchase of new furniture and furnishings, functional to the home in which they will be located and not related to building renovation work. In addition, the documentation necessary to claim the bonus must be in the name of the taxpayer making the request. However, those who have already taken advantage of the furniture bonus in previous years cannot access the tax incentive, unless it is a new home or an extension of it. Finally, it should be noted that the furniture bonus without restructuring is valid until 2024, so it is advisable to take advantage of it as soon as possible
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What documentation is necessary to claim the furniture bonus without renovation?
To request the furniture bonus without restructuring, it is necessary to submit the documentation requested by the Revenue Agency. In particular, it is necessary to keep all the receipts and invoices relating to the expenditure incurred for the purchase of new furniture and furnishings, which must include the data of the taxpayer who makes the request. In addition, it will be necessary to attach to the request a declaration in lieu of a notary act, attesting that you have spent the purchase of new furniture and furnishings, not related to building renovation work, and that you have not taken advantage of the furniture bonus in previous years. It is important to remember that the documentation must be kept for a period of 10 years from the date of the bonus request, as it may be required in case of tax checks by the Revenue Agency. In any case, it is always advisable to contact a professional in the tax sector for more information on how to proceed correctly when requesting a furniture bonus without restructuring
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How to apply for the furniture bonus without renovation.
To apply for the furniture bonus without restructuring, it is necessary to fill out the specific form available on the website of the Revenue Agency. The form must be submitted electronically, through the Fisconline or Entratel service, or in paper format at authorized post offices. In the application it will be necessary to enter your personal data and those relating to the home for which the bonus is requested. In addition, it will be necessary to attach to the request the tax documentation relating to the expenditure incurred for the purchase of new furniture and furnishings, as well as the declaration in lieu of a well-known act certifying that you have spent the purchase of new furniture and furnishings, not related to building renovation works, and that you have not taken advantage of the furniture bonus in previous years. Once the application has been submitted, the Revenue Agency will process the request and inform the taxpayer of the outcome of the request. If the request is accepted, the taxpayer will be able to take advantage of the tax discount provided for by the legislation
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In conclusion, the furniture bonus without renovation represents an interesting opportunity for those who want to renew the furnishings of their home, making it more comfortable and modern, without having to incur large expenses. However, it is important to comply with the conditions established by the legislation in order to access the tax incentive, such as the purchase of new and functional furniture and furnishings for the home in which they will be located and not related to building renovation work. In addition, you must submit the documentation requested by the Revenue Agency and keep it for a period of 10 years from the date of requesting the bonus. Finally, it must be remembered that the furniture bonus without restructuring is valid until 2024, so you should take advantage of it as soon as possible. In any case, it is always advisable to contact a professional in the tax sector for more information on how to proceed correctly when requesting a furniture bonus without restructuring.
