Deductions 36% on home renovations

The facility is also the possibility to deduct from the 36% of the expenditure incurred during the year for the renovation of dwelling houses and common parts of residential buildings situated in the territory of the State.

They can avail of the facilities provided all persons subject to personal income tax, as owners, beneficial owners, tenants, at a cost which, however, as a maximum ceiling of 150 million per year for each taxpayer, for each building, for each year tax.

The tax deduction is to be paid from the gross scale, not all at once, but diluted to the taxpayer's choice in 5 or 10 years, depending on their economic situation. Eligible operations shall be those extraordinary maintenance, rehabilitation conservative, building renovation, energy saving, removal of architectural barriers. Except, however, for routine maintenance.

To submit the request needs to be sent to the service center of the direct and indirect taxes, by registered mail, the entire documentation provided or a substitute statement attesting to the availability of the documentation at your location. Also, if required, in some cases, must also send to the USL the declaration of commencement of work, for the activation of supervision in the field of occupational safety and declare it in the form to be sent to the service center.

The documentation required includes a form provided by the Ministry of Finance and the communication USL, copy building permit or work permit, or provide if any, copy or quote final expense costs in accordance with the allocation table thousandth of the condo for jobs within the condominium, a copy of the resolution condominium authorizing the work, and copy of the application of stacking if the property has not yet been surveyed.

If a tenant is required to present owner of the property does not work, it must send a copy of the consent form in the work of the owner. Once you have made all the payments, to get the benefits you will need to keep all receipts of communications, each receipt of bank transfer and bills work.

07/07/2010

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Translated via software

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Source:

Italian version of ReteArchitetti.it