the new Super Circular of the Revenue Agency

“Further clarification” is never enough, and when it comes to Superbonus 110%, one should not be impressed that the day after the release of the new updated guide, the Revenue Agency published the circular dated June 23, 2022, No. 23/E , the new “Super Circular”, for object “Deduction for energy efficiency measures and measures to reduce the seismic risk of buildings, as well as option for sale or discount instead of the deduction provided for in Articles 119 and 121 of Legislative Decree 19 May 2020, n. 34 (Relaunch Decree) transformed with amendments by Law of 17 May July 2020, n. 77 – Further clarifications“.

Superbonus 110%: the circulars of the revenue agency

The new revenue agency circular follows the previous 4:

  • Circular of August 8, 2020, n. 24 / E – Deduction for energy efficiency measures and reduction of the seismic risk of buildings, as well as an option for sale or discount instead of the deduction pursuant to articles 119 and 121 of Legislative Decree of May 19, 2020, n. 34 (Relaunch Decree), modified with amendment by law of July 17, 2020, n. 77- First clarifications;
  • Circular of December 22, 2020, n. 30 / E – Deduction for energy efficiency measures and the reduction of seismic risk of buildings pursuant to article 119 of the Legislative Decree of May 19, 2020, n. 34 (Relaunch Decree) – Answers to questions;
  • Circular of November 29, 2021, n. 16 / E – Urgent anti-fraud measures in the field of tax and economic advantages – Legislative Decree of November 11, 2021, n. 157;
  • Circular of May 27, 2022, n. 19 / E – Modifications to the super bonus and bonuses other than the super bonus – Anti-fraud measures – Modifications to the discipline of lending pursuant to Articles 121 and 122 of the Legislative Decree of May 19, 2020, n. 34.

The structure of the new guide

A new newsletter in a super version detailing everything you need to know about the 110% super bonus in 130 pages divided into 6 chapters, building on the experience that received 210 replies after the first one in September 2020.

In detail, the guide is structured as follows:

1 PARTICIPANTS WHO CAN ENJOY THE SUPER BONUS

  • Owners and proprietors of natural persons (“outside the exercise of trade, art and profession”) for various reasons
  • Autonomous Social Housing Institutes (IACP) and bodies with similar social purposes
  • Undivided housing cooperatives
  • ONLUS, voluntary organizations and associations for social promotion
  • Amateur sports associations and societies
  • “Renewable Energy Communities”
  • State administrations and territorial public bodies

2 AFFECTED BUILDINGS

  • Publicly accessible real estate units of cadastral category A / 9
  • Restricted Properties
  • Properties that are registered in the real estate cadastre in category F/3 (“unit under construction”) or in category F/4 (“unit under construction”)
  • Building without cover, one or more external walls
  • Building composed of multiple real estate units owned by a single owner or by multiple individuals
  • Buildings arbitrarily used by individuals outside of the pursuit of art, profession, and business
  • Condo, Super Condo, and Minimum Condo
  • “Functional Independence” and “Independent External Access”

3 TYPES OF INTERVENTIONS

  • Demolition and conversion measures with volume increase
  • “Moving” interventions of energetic requalification
  • Anti-seismic “driving” interventions
    • Local or repair interventions, interventions in the sedimentary areas
    • Interventions in historical centers.
  • “Lag” interventions
    • Eliminating architectural barriers
    • Replacement of windows including fixtures
    • photovoltaic systems
    • Columns for charging electric vehicles
  • 75 percent deduction for interventions to overcome and eliminate architectural barriers in existing buildings

4 DEDUCTABLE EXPENSES

  • Super bonus accumulation and contribution to reconstruction
  • Extensions introduced by the Budget Law 2022

5 OPTION FOR INVOICE DISCOUNT OR CREDIT ALLOCATION AS AN ALTERNATIVE TO DEDUCTION

  • Option instead of deduction for bonuses other than the super bonus
  • Work Progress Option Exercised (SAL)
  • Control activities and responsibility profiles regarding the use of credits
  • Possibility of assigning credit to an insurance company
  • Individuals who have no taxable income
  • Method of calculating the non-deductible VAT, even partially, for the purposes of the Superbonus
  • Bank Transfer

6 COMPLIANCE WITH PROCEDURES

  • GENERAL CONTRACTOR
  • Conformity visa and certified translations
    • Application of the discount by the professional issuing the compliance visa
    • Certification of seismic interventions
    • Claim for the purpose of deduction pursuant to article 16, paragraph 1, of Legislative Decree no. 63 of 2013

ATTACHMENTS

LEGEND

APPENDIX

Enclosed is the new super circular from the Revenue Agency.

Leave a Comment