90% superbonus for condominiums in 2023, the news of the Aiuti-Quater Decree

From January 1, 2023, the superbonus rate for condominiums will fall from 110% to 90%; single-family homes will be readmitted, until March 31, 2023 if working well, or until December 31, 2023 if first home and under a certain income.

Those who submit the CILAS by November 25 will keep the right to 110%.

The news, announced in recent days by the Government, come from the AIUTI-Quater Decree approved by the Council of Ministers last night.

This morning, at a press conference, the Prime Minister, Giorgia Meloni, recalled that “the superbonus was created to restart the economy, we shared its objectives but the way in which it was implemented created problems and difficulties.” Meloni added that the measure has so far cost 60 billion euros, with a cost of 38 billion more than expected.

The premier highlighted other aspects of the superbonus. The 110% rate has resulted in the de-responsibility of citizens: if you are not called to participate in the shopping, you have no interest in verifying prices and costs. In addition, “medium-high incomes have benefited from the superbonus”

The Minister of Economy and Finance, Giancarlo Giorgetti, added that “we had never seen a measure that would cost so much, for the benefit of so few.” And he confirmed that from now on, the measure will be aimed at those who cannot afford to do the work. “We plan to safeguard those who have already undertaken jobs, but also professionals

On the subject of the transfer of credits, Giorgetti reiterated that “the transfer is a possibility but not a right; the deduction is a right but the transfer is not (otherwise we would have created a currency but this is not the intent). The tax credits already accrued - he added - translate into lower revenues for the state coffers”. “Those who are preparing to do work must verify that a bank is willing to acquire credits, otherwise they must count on their tax capacity, for the personal income tax deduction

For condominiums, buildings consisting of 2 to 4 units even if owned by a single owner or co-owned by several entities, the rule is' pejorative 'because it brings forward the deadline by 110% by one year - from 31 December 2023 to 31 December 2022 -, lowering the rate for 2023 to 90%. The decalage remains confirmed at 70% until 31 December 2024 and at 65% until 31 December

According to the draft of the DL, the bonus will maintain the 110% rate until 2025 for interventions carried out by non-profit organizations on social and health structures.

If the single-family home is used as a first home and the owner has a 'reference income' not exceeding 15,000 euros, it will be possible to take advantage of the 90% superbonus until 31 December 2023. This is the 'unprecedented' news that the Government has anticipated in

The reference income - reads the draft - is calculated by dividing the sum of the total income earned, in the year preceding the year of bearing the expense, by the taxpayer, the taxpayer's spouse, by the person linked by a civil union or cohabitant if present in his family unit, and by family members, other than the spouse (ex art. 12 of the TUIR - Presidential Decree 917/1986), by the person linked by a civil union or by the cohabitant, present in his family unit, who in the previous year The one for supporting the expenditure was found under the conditions set out in paragraph 2 of the same article 12 of the TUIR, for a number of parts determined as follows:
— taxpayer > 1
— if there is a spouse, a person bound by a civil union or a cohabiting person in the family unit > add 1
— if there are family members in the family unit, other than the spouse, the person linked by a civil union or the cohabitant, who in the year preceding the year in which they supported the expenditure found themselves in the conditions set out in paragraph 2 of the same article 12, in numbers equal to:
— a family member > add 0.5
— two family members > add 1
— three or more family members > add 2

In other words, if the taxpayer is one, the ceiling is 15,000 euros, if there is a spouse or partner, it rises to 30,000 euros, if there is a relative/child to 37,500, if there are 2 family members, it reaches 52,500 euros; for each additional family member, 15,000 euros must be added.

The new rates and deadlines for condominiums, buildings consisting of 2 to 4 units even if owned by a single owner or co-owned by several entities and for non-profit organizations - according to the draft -, do not apply:
— to interventions for which, by November 25, 2022, the CILA is submitted;
— to demolition and reconstruction interventions for which, as of November 25, 2022, the related administrative formalities for the acquisition of the qualification have been initiated

The date of November 25, 2022 is not in yesterday's draft but was indicated by the Prime Minister, Giorgia Meloni, at this morning's press conference.

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