BIG FURNITURE AND APPLIANCES BONUS: Savings are high but you have to hurry

Government extends furniture bonus provision until 2024: here’s all the useful information on how to get it and who can benefit from it.

It was presented for the first time in 2013 as an integral part of a relief plan wanted by the government. The Furniture and Appliances Bonus consists of a 50% IRPEF deduction for the relevant expenses incurred in the three-year period 2022, 2023 and 2024. It is divided respectively into ten annual installments with a maximum of ten thousand euros for the year 2022, eight thousand euros for the year 2023, and five thousand euros for the year 2024.

The buyer who wishes to benefit from it must pay by bank transfer, credit or debit card: It goes without saying that other means of payment such as bank cheques, cash and all other means provided for this purpose are not permitted. But let’s see together how to get it, who can benefit from it and the deadlines associated with it.

Furniture & Appliances Bonus 2024: Everything You Need to Know

reward Furniture and appliances It can only be obtained by taxpayers who take advantage of the direct deduction for building recovery or property renovation. Furthermore, the purchase of furniture or large household appliances can be facilitated even if the goods are intended to provide a different environment than the same property that is subject to construction intervention. It is also possible to receive the bonus multiple times if the applicant performs renovation work on multiple properties. In fact, the maximum spend indicated by the bonus refers to one real estate unit.

Furniture and appliance bonuses: here are the conditions and who can benefit from them (Designmag.it)

To receive the bonus, it is necessary to indicate which expenses will be deducted in the tax return and, As previously mentioned, Only a taxpayer who has made a direct deduction for renovation work on the property will be able to receive the bonus. The buyer will be able to purchase the goods by credit or debit card, as well as by bank transfer, even if the goods are purchased by installment financing. In this case, the only condition that must be respected is that the company providing the loan pays the fee in the same way as described above and that the taxpayer has a copy of the payment receipt.

The Buyer must retain proof of payment and invoices for the purchase of the Goods, reporting the nature, quality and quantity of the Goods purchased. But be careful: to take advantage of the discount It is essential that building renovation work begins no later than January 1 of the year prior to purchasing the furniture. The relevant start date can be proven by any administrative permits or communications required by the Building Regulations, or by prior communication from the local health authority, if mandatory. However, for interventions that do not require housing communications or documentation, the date of commencement of works can be proven through a declaration rather than an affidavit.