SuperBonus 2020

The term Superbonus refers to the strengthening of existing tax deductions for Ecobonus energy upgrades, Sismabonus seismic interventions and Bonus Edilizia for the installation of photovoltaic systems.

Specifically, this strengthening occurs due to the raising to 110% of the tax deduction already in force, on the meeting of certain criteria and solely for expenses incurred between 1 July 2020 and 31 December 2021 (for AICP associations and other bodies with the same purpose, and solely for the Ecobonus, the 110% deduction is applicable until 30 June 2022).

Beneficiaries

The new 110% bonus is available only for:

Apartment buildings, for work carried out on shared areas of buildings for the purposes of increasing energy efficiency and reducing seismic risk

 

Natural persons, unrelated to business, professional activities and the arts, for interventions on individual properties (no more than two in the case of the new 110% Ecobonus)

Autonomous public housing institutes (IACP) regardless of name, and bodies with the same social purpose, for interventions carried out on buildings owned by them or managed on behalf of municipalities which are used for social housing

Undivided housing cooperatives for interventions on properties owned by them and used by their members.

The third sector, non-profit organisations for the benefit of society, voluntary organisations and social development associations.

Amateur sports associations and clubs, limited to work on individual buildings or parts of buildings used for changing rooms.

Properties owned by companies are excluded, and can benefit from the “ordinary” percentage rate of tax deductions, with the exception of units owned by companies and located within apartment buildings, in which case the new rate applies to work carried out on shared areas of the building. The Italian Tax Authority has also stated that it is possible to benefit from Ecobonus and Sismabonus for expenses associated with work to improve energy efficiency or earthquake proofing in:

  • “goods” properties belonging to construction and restoration companies

  • properties leased to third parties by property companies.

The increased Bonuses of 110% are applicable for work carried out on:

  • Shared areas of buildings

  • Individual properties owned by natural persons, unrelated to business, professional activities and the arts

  • Single-family homes or individual units within multi-family buildings which are functionally autonomous and have one or more independent entrances from the outside.

The 110% Ecobonus (but not the increased Sismabonus) is granted for a maximum of two properties owned by the same natural person (regardless of the tax deductions arising from shared areas of buildings). Properties belonging to the cadastral categories A/1, A/8 and A/9 are excluded.

Which interventions qualify for the Superbonus

A 110% tax deduction can be requested for expenses incurred for interventions associated with improving energy efficiency or earthquake proofing in homes between 1 July 2020 and 31 December 2021

Ecobonus 110%

Interventions for energy efficiency

Support for thermal insulation and/or the replacement of heating systems with energy-efficient systems or heat pumps.
Read more

Sismabonus 110%

Interventions to reduce seismic risk

Support for interventions to improve earthquake proofing in homes and production facilities in seismic risk zones 1, 2 and 3.
Read more

Expiry dates

The Superbonus can be accessed for expenses incurred between 1 July 2020 and 31 December 2021, regardless of the date of signing the contract and the start of work.

Solely for AICP associations and other bodies with the same purpose, the new Ecobonus rate is also applicable for expenses incurred between 1 January 2022 and 30 June 2022.

Criteria for access

To access the 110% tax deduction, interventions for energy efficiency must:

  • Comply with the minimum requirement for energy performance in buildings;

  • Guarantee an overall improvement in energy efficiency equal to at least two energy classes, or reach the highest possible classification. This may include the installation of photovoltaic systems, and must be proved by means of energy performance certificates issued before and after the intervention by an expert qualified to issue certifications;

  • Be carried out using insulating materials which comply with specific technical and environmental criteria.

There are three ways of accessing the Superbonus:

The beneficiary pays the supplier directly and receives the 110% tax deduction on the costs incurred, to use in the five subsequent years.

The beneficiary pays the supplier directly. Their 110% tax deduction for the costs incurred becomes a tax credit which can be transferred to a third party, including banks and financial intermediaries.

The beneficiary receives a discount on the invoice issued by the supplier, in exchange for relinquishing direct use of the tax deduction, and the supplier receives a tax credit equal to 110% of the value of the invoice.