2018
28
May

One more reason to renovate the bedroom

Published in Book Rest in May 2018 by Marion’s editors

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Marion, sales boom. Also worthy of the Furniture bonus for all 2018

With the last Budget Law, the Furniture Bonus has been confirmed and extended for the entire 2018.

What it consists of

The Bonus is a tax incentive measure that allows to deduct from the tax return documented expenses related to the purchase of furniture to be allocated to the buildings that have been, or will be renovated, referred to in Article 16, paragraph 2, of the DL n. 63 of 2013. The law establishes that for construction works started from 1 January 2017,it is possible to have a deduction of 50% of the expenses incurred in the year 2018 for the purchase of furniture and household appliances of a class no lower than A + ( A for ovens), including transport and assembly.

Who has the right

According to the law, the deduction will be divided between the entitled people, in 10 annual installments (ie for 10 years), and is calculated on a total amount not exceeding 10 thousand euro. The limit refers to the single housing unit including the appurtenances, or to the common part of the building being renovated (in case of work on several units, you will be entitled to more than one bonus).

Taxpayers allowed to benefit from the Bonus Furniture are the same as those benefiting from the restructuring Bonus, that is to say the possibility to deduct at 50% the costs incurred for restructuring, up to a maximum of 96 thousand euro (also in this case the deduction is spread over 10 years).

Therefore, to obtain the Furniture Bonus, it is necessary to take advantage of the deduction for building renovation (and not energy requalification), in your home or even on common areas of the condominium: the start date of work, however, must be prior to the date in which the costs are incurred. It is not possible to use the Furniture Bonus if you only install systems with not a real interventions on the building.

What it includes

It is not required that there is a connection between the furniture and the renovated environment. In other words, the purchase of furniture or large household appliances can be facilitated even if the assets are destined to furnish an environment different from those which are object of building interventions, provided that the building is in any case the object of the building interventions.

Furnishing

Eg: beds, wardrobes, drawers, bookcases, desks, tables, chairs, bedside tables, sofas, armchairs, sideboards and lighting fixtures that constitute a necessary completion of the furnishing of the object being renovated. On the other hand, purchases of doors, flooring (such as parquet), curtains as well as other furnishing accessories can not be facilitated.

Also the mattresses

Among the assets deductible in the 2018 Mobile Bonus, there are also beds, nets and mattresses: an undoubted advantage if you have an old mattress of at least 10 years, and you want to move to a new and more performing model. See the Marion Eletta Product of the Year 2018 collection here.

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Payment

To get the bonus, you need to pay by bank transfer or postal complete with the reason for the payment, tax code of the beneficiary of the deduction and VAT number or tax code of the recipient of the transfer. Payment can also be made by credit or debit card: in this case, the payment date is identified on the day the card is used by the cardholder.