Furniture and large appliances bonus: the savings are high but you have to hurry

The Government extends the provision of the furniture bonus to 2024: here is all the useful information on how to obtain it and who can benefit from it.

Introduced for the first time in 2013 as an integral part of a relief plan wanted by the Government, the furniture and appliances bonus consists of a 50% IRPEF deduction for the related expenses incurred in the three-year period 2022, 2023 and 2024 to be divided respectively into ten annual installments up to a maximum of ten thousand euros for 2022, eight thousand euros for 2023 and five thousand for 2024.

The buyer who wishes to take advantage of it must pay by bank transfer or credit or debit card: it goes without saying that other means of payment such as bank cheques, cash and all other means provided for this purpose are not permitted. But let’s see together how to obtain it, who can benefit from it and the related deadlines.

Furniture and appliances bonus 2024: everything you need to know

It bonus furniture and appliances it can only be obtained by the taxpayer who takes advantage of the direct deduction for building recovery or renovation of a property. Furthermore, the purchase of furniture or large household appliances can be facilitated even if the goods are intended to furnish a different environment from the same property which is the subject of the building intervention. It is also possible to access the bonus multiple times if the applicant carries out renovation work on multiple properties. The maximum spending limit indicated by the bonus, in fact, refers to a single real estate unit.

Furniture and appliance bonuses: here are the conditions and who can benefit from them (Designmag.it)

To have access to the bonus it is necessary to indicate the expenses to be deducted in the tax return and, as already indicated, Only the taxpayer who has made a direct deduction for the renovation work on the property will be able to access the bonus. The buyer will be able to purchase the goods by credit or debit card, as well as by bank transfer, and even if the goods were purchased with installment financing. In this case the only condition to be respected is that the company providing the loan pays the fee in the same way as indicated above and the taxpayer has a copy of the payment receipt.

The buyer must keep the proof of payment and the invoices for the purchase of the goods, reporting the nature, quality and quantity of the goods purchased. But be careful: to take advantage of the discount it is necessary that the building renovation work began no earlier than January 1st of the year preceding the purchase of the furniture. The relevant start date may be proven by any administrative authorizations or communications required by building regulations, by prior communication from the local health authority, if mandatory. For interventions that do not require communications or housing documents, however, the start date of the works may be demonstrated by a declaration in lieu of the affidavit.