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invoice discount

Dear User, with Legislative Decree No. 11 of 16/02/2023, a regulation has been approved which will no longer allow the option of invoice discount or the transfer of tax credits for tax bonuses.

Invoice discount for apartment renovation

The possibility of transferring deductions with the right to 110% superbonus has been extended to building renovations through direct invoice discount from the supplier or reimbursement of expenses thanks to the Article 121 of the Relaunch Decree, thus making building renovations easier and more accessible. This renovation bonus is only recognized for taxpayers who carry out extraordinary maintenance work in condominiums or single buildings. You can choose to receive a discount of equal amount on the invoice applied directly by the supplier up to the maximum limit of 96,000 euros. How does it work in practice? The invoice discount allows you to pay only 50% of the total expense instead of waiting 10 years to recover 50% through tax deductions. For example, if you undertake a home renovation that costs 20,000 Euros, which entitles you to a 50% deduction, you will pay 10,000 Euros to the supplier. This way, the client immediately saves 50% of the renovation cost. When can the invoice discount be applied?

  • when the property to be renovated is located in Italy
  • when it’s a renovation of an existing property
  • when the applicant is a natural person and not a company

Who can request the invoice discount?

  • owners or bare owners;
  • holders of real rights of enjoyment (usufruct, use, habitation, or surface rights);
  • tenants or borrowers;
  • members of divided and undivided cooperatives;
  • individual entrepreneurs, for properties not included among business or merchandise assets;
  • subjects producing income in associated form.

For which works can it be applied?

  • building heritage recovery: extraordinary maintenance, restoration and conservative renovation, and building renovation work carried out on individual real estate units;
  • energy efficiency improvements falling under the standard eco-bonus, such as replacement of heating systems or windows including frames;
  • adoption of seismic protection measures falling under the seismic bonus;
  • recovery or restoration of building facades of existing buildings.

And specifically, the 50% deduction applies to:

  • extraordinary maintenance work, restoration and conservative renovation, building renovation carried out on individual residential real estate units.

When to request the renovation bonus?

The request must be made when filing the tax return by indicating the expenses incurred in the 730 form unless you opted for the invoice discount: in this case, it will have been transferred directly to the supplier.
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