The 50% invoice discount has been extended until December 31, 2024, but with increased controls. Let’s discover all the new developments together.
In the draft of the 2022 Budget Law, the extension of the invoice discount until December 31, 2024, has been included, but with increased controls introduced by the anti-fraud decree (Legislative Decree No. 157/2021), published in the Official Gazette No. 269 of November 11, 2021, effective from November 12, 2021.
This new development is part of the text redefined on November 10 and is now ready for passage in the Senate.
The second draft of the 2022 Budget Law, by amending paragraph 1 of Article 121 of Legislative Decree 34/2020, would therefore extend until 2024 the possibility of requesting the invoice discount for all expenses in 2022, 2023, and 2024, including for renovation works, eco-bonus, facade bonus, and more.
The new extension will cover all home bonuses: it will be possible until the end of 2024 for ordinary bonuses and until 2025 for the superbonus.
To What Can the Invoice Discount be Applied?
If you carry out works of:
– ordinary maintenance (only on common areas);
– extraordinary maintenance;
– restoration and conservative renovation;
– building renovation.
In these cases, you can request and obtain a discount of an equal amount on the invoice, which will be directly applied by the supplier.
The Invoice Discount Will also be Confirmed for:
– ordinary eco-bonus for energy requalification interventions;
– ordinary seismic bonus for interventions to adopt anti-seismic measures
– facade bonus for facade recovery or restoration interventions
– deduction for the installation of photovoltaic systems
In Summary, the Draft Bill Provides for:
- extension of the 50 percent renovation bonus until December 31, 2024;
- extension of the 50 percent furniture bonus (with a spending limit of 5,000 euros);
- extension of the eco-bonus from 50 to 65 percent until December 31, 2024;
- extension of the facade bonus until 2024 (with a reduced rate of 60 percent);
- extension of the 36 percent green bonus.
However, an anti-fraud crackdown has been provided for, introduced by the Anti-Fraud Decree: for all building bonuses, a compliance visa and a technical asseveration of the congruity of expenses incurred will be absolutely necessary.
If it is discovered that the taxpayer is not entitled to the deduction, the recovery of the amount will be increased with interest and penalties. The same applies if the supplier’s use of the credit is undue; the recovery of the amount will always be increased with interest and penalties for the latter.
