Until December 31, 2024, it will be possible to implement interventions aimed at seismic improvement by taking advantage of the Sismabonus with a rate of up to 85%.
Earthquake bonus 2024, what does it include?
Il Bonus 2024 can be used for improvement interventions and seismic retrofitting of buildings with a rate that, in some cases, can reach up to85% of the expenditure incurred; it will therefore be possible to obtain a significant discount on taxes, within the spending limit equal to 96.000 euro.
Earthquake Bonus 2024 extended until December 31 – Getty Images
To date, the benefit has been extended until December 31, 2024 with the possibility of further renewals.
The goal to be achieved with the tax incentive is to reduce the seismic risk of the existing building stock, especially in the most vulnerable areas of the country.
In 2024, the Sismabonus has undergone some changes compared to previous years, with the aim of making it even more accessible and advantageous for citizens who want to put in safety your own home.
What is the 2024 Earthquake Bonus?
Il Sismabon It is a tax incentive that allows you to deduct from your taxes a part of the expenses incurred for seismic improvement and adaptation interventions on buildings located in seismic zones 1, 2 and 3 of the Italian territory.
It is one of the tax breaks provided by the Italian government to encourage interventions of seismic improvement of the buildings, introduced with the Budget Law 2017 which has been extended over the years with further regulatory provisions.
Deductions can reach up to 85% of the expenses incurred, depending on the type of intervention and the improvement of the seismic class of the building.
Who can benefit from the 2024 Earthquake Bonus?
The Sismabonus is aimed at both private that to the businesses and can benefit from it:
- property owners;
- holders of real rights of enjoyment (such as usufruct, use or habitation);
- tenants and borrowers.
In addition, the following are also allowed: condominifor interventions on the common parts of the buildings.
Sismabonus 2024 – Getty Images
An important positive aspect is that individuals can benefit from the Sismabonus not only for interventions carried out on buildings used as residences but also for properties with a productive purpose.
Interventions allowed by the 2024 earthquake bonus
The interventions allowed by the Sismabonus concern all those works aimed at reducing the seismic risk of buildings, in particular:
- The interventions of seismic retrofitting which allow the building to be in line with the safety levels required by technical regulations;
- The interventions of seismic improvement;
- Interventions affecting specific parts of the building aimed at improving the overall safety of the building.
How the Earthquake Bonus Works
The Sismabonus provides a tax deduction that varies from 50% all’85% of the expenses incurred, depending on the type of intervention and the improvement in seismic class achieved.
The deduction is divided into cinque quote annual payments of the same amount and has a maximum limit Of expense which depends on the type of building:
- For the single homesthe spending limit is 96.000 euro per real estate unit;
- Per i condominithe spending limit is 96,000 euros multiplied for the number of real estate units that the building is composed of.
Examples of interventions and savings with the earthquake bonus
To better understand the impact of the Sismabonus, let’s imagine a residential building located in seismic zone 2, for which they are built seismic improvement interventions which involve a total expenditure of 150.000 euro; if the intervention allows to improve the seismic class of the building by one class, the fiscal detraction it will be of the80% of the expenses incurred, or 120.000 eurodivided into five annual installments of 24,000 euros each.
Seismic improvement interventions on existing buildings – Getty Images
In another example, consider a condominium composed of 10 real estate unitslocated in seismic zone 3.
The interventions of seismic retrofitting involve a total cost of 800.000 euro. If the intervention allows to improve the seismic class by two classes, the tax deduction will be85% of the expenses incurred, or 680.000 eurodivided into five annual installments of 136,000 euros each.
Documents needed to access the 2024 earthquake bonus
To access the 2024 Earthquake Bonus, it is necessary to follow some bureaucratic steps and equip themselves with specific documents: as a preliminary step it is essential to contact a technician competent qualified so that an assessment of the building can be carried out and a report drawn up seismic improvement project.
It is necessary to submit the documentation to the Municipality of jurisdictionincluding the project and request the necessary authorizations.
At this point you can proceed with theexecution of works.
Once the interventions have been carried out, it will be necessary to obtain the necessary certification from a Qualified technician certifying the seismic improvement of the building.
To get the fiscal detraction you must report the expenditure data in your tax return; you will receive an Irpef refund from the tax authorities divided into 5 annual installments of the same amount.
Source: www.lavorincasa.it
