How Italy's building ‘superbonus' has changed in 2022
Italy first introduced the ‘superbonus 110‘ in May 2020 to restart a sluggish economy following the impacts of the pandemic, offering homeowners a tax deduction of up to 110 percent on expenses related to making energy upgrades and reducing seismic risk.
Towards the end of 2021, property owners were left concerned about how it would be rolled on into 2022 and whether they would be able to finish their renovation projects in time.
To the relief of those carrying out works on their single unit family homes, the ‘superbonus’ on these properties has been approved for the whole of this year, as published in the Budget Law 2022 on December 30th, 2021.
Based on the government’s budget measures for 2022, here’s how the superbonus has been extended for 2022 following its introduction in the Relaunch Decree (decreto rilancio) – and what it means for your home renovations. Read More...