Green bonus 2021, how to obtain the deduction for the renewal of gardens and terraces

Never as in the year of the epidemic from Covid-19, with the continuous open and close between zones of different levels of restrictions and lockdowns, the need for open environments was felt and the importance of terraces and green spaces in a home was understood. For those who enjoy this possibility, the arrival of spring can be the right time to rearrange their garden thanks to the tax concessions for the extension of the green bonus also for 2021.

Green bonus 2021, tax deduction for gardens and terraces: what it consists of

Introduced with the budget law of 2018 and extended in 2019, in 2020 and finally also confirmed in this year’s budget law, it is about a deduction Irpef 36% for the extraordinary refurbishment of terraces, gardens and uncovered areas with the planting of trees and plants.

The subsidy concerns the expenses incurred in 2020 and 2021, not for periodic ordinary maintenance, but in particular for the works of:

• green arrangement of private uncovered areas of existing buildings, real estate units, appurtenances or fences, irrigation systems and construction of wells
• replacement of hedges
• large pruning
• recovery of the greenery of gardens of historical interest
• construction of green roofs and hanging gardens.

Green bonus 2021, tax deduction for gardens and terraces: who is entitled to

They can benefit from the bonus who owns or holds, on the basis of a suitable title, the property subject to the interventions and who has incurred the related expenses. Then in addition to the homeowners, the deduction is also due to:

• naked owners;
• holders of a real right of enjoyment on the property subject to intervention (usufruct, use, dwelling or surface);
• tenants (tenants) or borrowers.

The deduction must be divided into ten annual installments of equal amount and must be calculated on a maximum of 5,000 euros, therefore for an amount not exceeding 1,800 euro for residential real estate unit, including any planning and maintenance costs connected to the execution of the interventions.

The payment of expenses must be made through tools that allow the traceability of operations (for example, bank or postal transfer).

The green bonus also applies to expenses incurred for interventions carried out on the external common parts of condominium buildings. In this case, the individual condominium has the right to the deduction within the limit of the quota attributable to him, provided that the same has actually been paid to the condominium within the deadline for submitting the tax return.

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