Replacement Fixtures, the new Stability Law 2017, has extended the possibility of tax deduction for energy-saving building interventions. It is possible to deduct the replacement of the fixtures for greater comfort and thermal improvement with a decrease in dispersion, This saving is evident with the replacement of energy-saving cut-offs for thermal cutting. Fixing of fixtures: what are the conditions to take advantage of the deduction
In order to benefit from tax breaks, certain conditions must be met:
• The size of the new fixtures should not be varied; the discharge should correspond to the size of the new ones;
• Replacement of fixtures must relate to existing buildings, the costs incurred for buildings in buildings can not be deducted; in this case, 50% tax deduction may be incurred for the renovation of buildings;
• Replacing existing fixtures should increase the level of energy efficiency with a total thermal improvement of the home;
• The fixtures must delimit the heated volume;
• The new fixtures must comply with the requirements for transmittance defined by the Decree of 26 January 2010.

It is also possible to deduct the costs of replacing the entrance doors provided that they meet the same transmission requirements required for the replacement of the fixtures.
Included in the tax deduction are also the expenses incurred for all accessory structures in the fixtures: dark, shutters, bins with rolling shutters embedded in the window.

Source: Revenue Agency

The percentage of deduction of expenses incurred for the replacement of fixtures is 65% for the expenses incurred up to December 31, 2017 for each real estate unit.
The amount of the deduction is to be divided into ten annual installments equal to a maximum of 60,000 euros.
With reference to the cumulability of the deductions, the 65% deduction can not be combined with other tax breaks.

Who can benefit from tax deduction

All resident taxpayers and non-resident taxpayers, even if they own business income, may benefit from the deduction, which in any case have the property they are subject to.
In particular, they are eligible for the allowance:
• Natural persons, including artisans and professions;
• Taxpayers who earn business income (natural persons, corporations, capital companies);
• Associations between professionals;
• Public and private entities that do not carry out business activities.

 
For more information below, you can download the Revenue Agency Guide in PDF format.

 

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