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Pet Bonus 2023: Everything You Need to Know About Financial Aid for Pet Owners in Italy

The Pet Bonus represents a valid aid in keeping our four-legged friends: here’s how to receive the contribution.

Anyone who shares or has shared their heart and home with a four-legged friend knows how much joy and love pets bring into our lives. However, keeping a pet happy and healthy can be particularly challenging from an economic point of viewabove all with the increase in prices and inflation which has recently been affecting Italy.

Pet bonus, everything you need to know – velvetpets.it

From feeding costs to veterinary care costs, the costs associated with keeping pets can sometimes be very high. That’s why the Pet bonus 2023 represents a valuable contribution to properly take care of ‘furry friends’.

Pet bonus, what it consists of

Even in Italy the bond between people and animals is strong: just think over 40% of the Italian population owns a pet. Hence the importance of offering financial assistance tools to those who take care of our four-legged friends. The Pet Bonus was therefore created precisely to help families deal with the growing costs associated with their care.

Pet bonus, what it consists of – velvetpets.it

It is, therefore, a measure of tax advantage which gives pet owners the possibility of receiving a financial contribution for each pet owned. The amount of the contribution is 150 euros for each animal. But there’s more: who owns up to three petscan potentially receive a total of 450 euros.

Furthermore, if the family shares the expenses associated with the animals and you have an ISEE of less than 7,000 euros, the bonus can be doubled. But the plan to implement the pet bonus is still on standby. In any case, Italian families can in the meantime take advantage of the opportunity to receive reimbursement of veterinary expenses.

How to get tax deductions for veterinary expenses

While waiting for the Bonus to be actually implemented, it is important to know that there are already other options to obtain aid to support veterinary expenses. Although it is not a real bonus, it is in fact possible to benefit from tax deductions for veterinary expenses incurred for pets.

Tax deductions for veterinary expenses, how to get them – velvetepets.it

This opportunity consists of one fiscal detraction 19% of the total costs incurred for the care and health of the animal. From veterinary visits to laboratory tests, from surgical therapies to the purchase of drugs: the deductions cover a wide range of veterinary expenses, and to take advantage of them you must have a pet and demonstrate that you have spent a certain amount of money on its care .

There is, however, an Isee threshold, which corresponds to a maximum of 35,000 euros, to be eligible for these deductions.

All you need to do is notify the Revenue Agency – during the tax return phase – of the expenses incurred, making sure you have used payment methods that can be traced and confirmed. As, each taxpayer has the possibility of receiving a refund of up to 550 euros per year, but there is a minimum deductible of 129.11 euros.

Help to cover veterinary expenses – velvetepets.it

In short, the Pet Bonus represents an important aid tool for families to bear the costs for the care of ‘furry friends’, but at the same time the tax deductions for veterinary expenses are another very valid option for obtaining financial support useful for ensuring animal welfare.

Each owner should therefore adequately inquire about these opportunities to obtain all the contributions available, so as not to necessarily have to compromise family budgets, while at the same time ensuring all the attention to the four-legged guests.

2023-08-20 16:00:23
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