Furniture bonus 2022: what it is and how to get it

Furniture Bonus 2022: what it is

The 2022 Furniture Bonus is an IRPEF deduction that allows a 50% deduction of the expenses incurred for the purchase of furniture for a renovated house.

The maximum deductible amount for this allowance is set at €10,000 for the entire duration of the current year.

Moreover, the bonus can only be claimed by those who carry out a building renovation and purchase household appliances and furniture to furnish the property.

Lastly, the large household appliances subject to deduction must necessarily be of class no lower than A+ and A for washer-dryers and ovens.

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The purpose of the deduction

The main objective of the furniture bonus is to revive the furnishing sector and support those who are building a new home.

In addition, it seeks to incentivise the purchase of low-energy household appliances, ideal for reducing expenses and consumption and supporting the environment.

This incentive is also confirmed for the year 2023 and 2024 with a ceiling that, however, is reduced to 5 thousand euro of expenditure.

Bonu mobili 2022: the guide

The furniture bonus is mainly applicable to property owners and, therefore, to:

  • Individuals.
  • Professionals.
  • Companies.
  • Public or private entities (not carrying out a commercial activity).
  • Self-employed institutions.
  • Condominiums.
  • Associations.
  • Cooperatives.
  • Other entitled persons

This deduction is not only available to property owners, but also to holders of real and personal rights to the property undergoing building renovation.

Therefore, tenants and leaseholders, individual entrepreneurs and members of cooperatives are also eligible for the bonus.

Lastly, if they incur the expenses themselves, the separate spouse to whom the property is assigned, the cohabiting family member, the cohabiting partner and the member of a civil union may also benefit from the 2022 furniture bonus.

Furniture bonus 2022

Furniture bonus 2022: what it is and how to get it – Image of Unsplash by Nathan Oakley

2022 furniture bonus: the works required

In order to obtain the bonus, it is necessary to carry out very specific interventions on the property undergoing renovation. Among those allowed to take advantage of the deduction are:

  • Extraordinary maintenance, conservative renovation or restoration.
  • Building renovation.
  • Reconstruction or restoration of the property damaged by calamitous events.
  • Ordinary maintenance intervention.
  • Payments

The payment of deductible household appliances and furniture can be made by bank transfer, debit or credit card and by instalment financing.

In addition, expenses incurred for the transport and assembly of the furniture may also be deducted. These must also be paid in the manner listed above.

Payments by cash, bank cheques and other methods are not permitted.

How to apply for the furniture bonus

You can apply for the Bonus by contacting your tax advisor or a CAF.

Moreover, you can take advantage of the deduction in three different ways. The first is through the income tax return, by submitting the Unico or 730 form. In this case, the deductible amount will be divided into 10 equal annual instalments.

The second way is through a discount on the invoice. If you choose this option, the only payment accepted is by bank, postal or direct debit transfer.

Finally, it is possible to assign one’s tax credit to authorised parties, such as banks and financial intermediaries.

To conclude, it is good to know that the Judicial Authorities and the Revenue Agency have the right to carry out controls and checks on taxpayers’ declarations. For this reason, it is essential to keep all documents relating to purchases subject to deduction.

In particular, the following should not be lost: bank transfer receipt, counter current account debit documentation, payment transaction receipt, and invoices.

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Furnish your home with Arredare Moderno by taking advantage of the 2022 furniture bonus. Lots of solutions for elegant and modern environments at unbeatable prices, thanks to discounts and coupons on various design brands.

Discover all the products at www.arredaremoderno.com.

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