Buying furniture for your home or office can be an expensive operation, but luckily there are tax deductions that allow you to save on costs. In this article, we will see in detail how to obtain tax deductions for the purchase of furniture, who they are intended for, what is the maximum deductible amount, how to request them and how to best use them to save on taxation. Read carefully to find out all the useful details!
Table of Contents:
What are tax deductions for buying furniture
First of all, it is important to understand what is meant by tax deductions for the purchase of furniture. These are tax breaks that allow you to deduct part of the cost incurred for the purchase of furniture for your main home or work activity. These deductions can be requested by both private citizens and businesses and professionals, but they are not applicable for the purchase of furniture for second homes or for tourist use. In addition, it is important to emphasize that these deductions are not automatic and must be requested through the tax return or other specific tax obligations
.
Who can claim tax deductions for the purchase of furniture
Now let’s see who these tax deductions are aimed at for the purchase of furniture. In general, both private citizens and businesses and professionals who buy furniture for their main home or for their work activity can request them. In detail, taxpayers resident in Italy who have a total income lower than a certain threshold, which varies according to the tax year, can request them. In addition, some categories of taxpayers may benefit from greater tax deductions, such as disabled people, people suffering from serious illnesses or young couples who buy furniture for their first home. It is important to always check the specific requirements to be able to benefit from tax deductions for the purchase
of furniture.
What is the maximum deductible amount for the purchase of furniture
Now that we have seen who the tax deductions for the purchase of furniture are aimed at, let’s see what the maximum deductible amount is. Currently, the maximum deductible amount is 16,000 euros for the purchase of furniture intended to furnish the main house, while for furniture intended for professional activity the maximum limit is 10,000 euros. It is important to point out that these limits refer to the maximum amount that can be deducted, but they do not correspond to the value of the receipts or purchase invoices. In addition, it is also possible to request the deduction for the purchase of appliances with an energy class not lower than A+ and for the installation of winter or summer air conditioning systems
.
How to claim tax deductions for the purchase of furniture
Now let’s see how to request tax deductions for the purchase of furniture. In order to take advantage of these benefits, it is necessary to keep the invoices or purchase receipts, which must be presented at the time of the tax return or on other specific occasions. In particular, to request tax deductions for the purchase of furniture, it is necessary to fill in the pre-filled Income model, available online on the Revenue Agency website, by entering the taxpayer’s tax code and the data relating to the purchase of furniture. Alternatively, it is possible to request tax deductions through the 730 model or through the CAF or the trusted accountant. It is important to follow the instructions and deadlines carefully in order to be able to take advantage of tax deductions
.
How to use tax deductions when buying furniture
Finally, let’s see how to best use tax deductions for the purchase of furniture. Once the tax deductions have been obtained, you can use them to reduce the income tax due for the reference year or to request a refund in case of excess. It is important to keep in mind that tax deductions for the purchase of furniture cannot be combined with other tax breaks, such as deductions for building renovations or incentives for energy efficiency. In addition, it is advisable to carefully check how to use tax deductions based on your tax situation, in order to make the most of these benefits and save on taxation
.
In conclusion, tax deductions for the purchase of furniture represent an important opportunity to save on taxation. However, it is essential to follow the procedures provided carefully to request and make the best use of them. Keeping in mind the requirements and methods of applying, it is possible to benefit from significant tax breaks for the purchase of furniture for your home or professional activity
.
