The Furniture Bonus until 2024 allows us to purchase furniture and large appliances and obtain an income tax deduction.
Thanks to budget law 2022 (law n. 234/2021, article 1, paragraph 37), whoever buys furniture or large appliances in the years 2022, 2023 and 2024 will be able to take advantage of the 50% personal income tax deduction. But as far as the characteristics of furniture and appliances are concerned, it has to respect some limits.
As we know, to obtain access to the Furniture Bonus we must have carried out restoration work on the building heritageon individual homes or condominiums.
In Bonus Guide published on the Revenue Agency website the following is also specified. “The deduction it also applies when the goods purchased are intended to furnish a different environment of the same building subject to building intervention. Or when the furniture and large appliances are intended to furnish the property but the intervention to which the purchase is connected is carried out on one relevance of the property itself, even if stacked independently“.
We also remind you that the work carried out on the apartment, building or building must be of building recovery. But what interventions such as painting walls and ceilings, replacing floors or window frames do not give the right to the bonus.
Also it is it is mandatory to prove the start date of the works. Once the procedures are done, we can buy furniture and large appliances and ask for the 50% personal income tax deduction. Here are the requirements to be met.
Furniture bonus until 2024, how the deduction works
There personal income tax deductionif due, it will be calculated on a maximum cost of 10 thousand euros for the current year, or the 2022. For the 2023 and 2024 the roof is instead fixed to 5 thousand euros.
There deduction will be divided into 10 annual installments of equal amount. Finally, it is possible to deduct also the costs incurred for transport and assembly of the furniture and appliances purchased.
But how the furniture and appliances must be to obtain the deduction? Also from the Revenue Agency website, as well as by consulting i changes on the energy classes made in 2021 by the EUwe can understand it.
The deductible furniture are beds, wardrobes, dressers, bookcases, desks, tables, chairs, bedside tables, sofas, armchairs, sideboards, mattresses, lighting devices. I am instead doors, flooring (including parquet), curtains and other furnishing accessories are excluded from the deduction.
How furniture and appliances must be to obtain the deduction
As for the domestic appliancesremember that in 2021 they were changed the energy classifications. Therefore we will have to comply with the new indications to choose the deductible devices. Below is the mirror illustrating the criteria to be checked on the label.
As for the characteristics of household appliances to obtain the deduction, the purchase must include the following.
- New appliances, energy class not lower than class A for ovens
- Class E for washing machines, washer dryers and dishwashers
- The F-Class for refrigerators and freezers
Large household appliances also include cooking appliances, electric stoves, microwave ovens, electric hot plates, electric heating devices, electric radiators, electric fans and air conditioning devices.
The forms of payment to obtain the deduction
We remember that to access the 50% personal income tax relief we must pay for the goods in the following ways. Bank transfer or debit / credit card. However, cash, bank checks or other forms of payment cannot be used.
There deduction is also due in case of purchase with financing, but always if paid with the aforementioned means. Finally, the same rules also apply to deducting the costs incurred for transport and assembly.