Superbonus 110 drops to 90% from January the 1st

Condominiums had to submit their CILAS before November 25th 2022 to still obtain a 110% deduction. Extension granted to small villas and single-family homes.

With the press release of November 11th, 2022 the Italian Ministry of Economy and Finance has announced the approval of decree Decreto Aiuti quater. The decree establishes a reduction of Superbonus 110 to 90% to CILAS (Start of work communication) submitted after November 25th 2022, and the extension of Superbonus 110 granted to villas and single-family homes until March 31st 2023.

Superbonus, tax rate drops to 90%: conditions to maintain 110%

Superbonus 110

Superbonus 110 allows private citizens and condominiums to obtain a big tax deduction equal to 110% of expenses for some types of construction works. In the case of small villas and single-family homes, the Decreto Aiuti decree had postponed the benefit deadline to December 31st 2022, under certain conditions.

However, for condominiums, small condominiums and buildings of 2, 3 or 4 units of the same owner, the deadline was fixed to December 31st 2023.

What changes with Decreto Aiuti quater

On November 10th 2022, a new decree, Decreto Aiuti quater has been approved, introducing important changes to the Superbonus 110. Now, for expenses incurred from January the 1st 2023, detraction has dropped to 90%. Therefore, condominiums, small condominiums and buildings of 2, 3 or 4 units of the same owner will no longer be able to benefit from the 110% deduction.

Conditions to maintain a 110% deduction in 2023

However, Decreto Aiuti quarter has also established that for construction works that presented their CILAS (or CILA, or SCIA, or any other required enabling title) before November 25th 2022, it will be possible to benefit from the 110% deduction, also for expenses incurred throughout 2023.

Extension to March 31st 2023 for villas and single-family homes

Superbonus for small villas and single-family homes

Comma 8-bis of article 119 of law decree 34/2020, in the previous formulation, established that for works carried by physical persons on small villas and single-family houses, the 110% deduction would be due for expenses incurred until June 30th 2022. This term could be extended to December 31st 2022, provided that on September 30th 2022 at least 30% of all the work was already completed.

What changes with Decreto Aiuti quater

Decreto Aiuti quater extends to March 31st the deadline for construction works of small villas and single-family homes, but under one condition. Before September 30th 2022, 30% of works needed to be completed. This condition had to be promptly transmitted from the Construction Manager. Therefore, owners of small villas and single-family houses who complied with this obligation will be able to deduct at 110% every expense incurred until March 31st 2023.

New deadlines for Superbonus 110

Here is a recap of all the new deadlines for Superbonus 110:

• • Single-family homes: deadline June 30th. Extension granted to March 31st 2023, provided that on September 30th 2022, 30% of total works were completed;

• • Functionally independent units with their own outdoor access, inside of multi-family buildings: deadline June 30th 2022. Extension granted to March 31st 2023 provided that on September 30th 2022, 30% of total works were completed;

• • Buildings of 2, 3, or 4 units, separately registered and owned by the same owner, or co-owned by more than one physical person: deadline December 31st 2022;
    • • Deadline is on December 31st 2023 only if CILAS was submitted before November 25th 2022

• • Condominiums or small condominiums buildings: deadline December 31st 2022;
    • • Deadline is on 31 December 2023, only if resolution of the assembly was effective before entry into force of Decreto Aiuto quater, and if CILAS was submitted before November 25th 2022

• • Istituti autonomi case popolari (Public Housing): deadline December 31st 2022;
    • • Deadline is on December 31st 2023 only if CILAS was submitted before November 25th 2022, and on June 30th 2023, 60% of all the works will be completed.

• • Undivided property housing cooperatives: deadline December 31st 2023
    • • Deadline is on December 31st 2023, only if CILAS was submitted before November 25th 2022, and if on June 30th 2023 60% of all the works will be completed.