fixtures bonus, guidelines on how to take advantage of tax breaks

Fixture bonus 2020: what it is and how the restructuring deduction works

The 2020 fixtures bonus has been definitively renewed thanks to the approval of the 2020 financial maneuver last December. Together with the deductions on the doors, the renovation bonus and the Ecobonus are also available again. The initiatives resume the dynamics that have already emerged in recent months, including the rates and methods for submitting the application.

In this article, then, we try to clarify the tax benefits provided, explaining in detail what it is and how the deduction on doors purchased during the year works.

· What is the 2020 window bonus?

· How does the tax deduction for doors work?

· How to apply for tax deductions?

· Who can apply for the bonus for fixtures?

· On which types of doors is it possible to request the restructuring deductions?

· What happens if you pay a deposit in 2020 and the balance in 2021?

Can Porte Italiane help me with the 2020 window bonus?

Fixtures Bonus - What is the 2020 fixtures bonus?

The 2020 window bonus is the tax deduction for the replacement of windows. This category includes:

· Windows

· Shutters, blinds, shutters

· Awnings

· Stained glass

· Entrance doors

With the deduction, the taxpayer can subtract an amount from the gross tax. This means that the State - in practical terms - "discounts" part of the taxes that would otherwise be due. In the case of the bonus for doors and windows, the tax benefits amount to 50% of the cost actually incurred.

How does the tax deduction for doors work?

Wanting to give a concrete example, it is possible to cite the case of the purchase of an armored door costing € 755. Here are the steps to establish in order to arrive at the correct amount of the deduction:

The cost incurred for the purchase of the door is €755

· The tax deduction is applied at a rate of 50%, ie equal to € 377.5

The State undertakes to repay €377.5 in ten annual installments, i.e. equal to €37.75

It is extremely important to underline that in order to obtain the benefits described above, payment for the fixtures must be made by bank or postal transfer. In particular, payment receipts must include the following information:

The randomness of the payment (according to the provisions of law 296/06 and subsequent amendments)

· The tax code of those who benefit from the deduction

· The tax code or VAT number of the selling company

Lastly, the maximum spending limit envisaged by the bonus is €96,000.

How to apply for tax deductions?

To benefit from the 2020 window bonus, it is necessary to pay for the windows by bank or postal transfer. However, this is only the first step. In fact, it is necessary to send the requested data electronically to ENEA (National Agency for New Technologies, Energy and Sustainable Economic Development) within 90 days of installing the fixtures.

Here are the steps to take to create your own file on the ENEA website:

· Reach the ENEA portal (at the moment it is possible to apply for the works carried out in 2019)

· Register by creating a username and password

· Enter the personal data requested

· Enter the required values ​​relating to the purchase, such as the price of the fixtures including VAT

The application can be sent directly by the user in the event that the intervention concerns individual real estate units. In cases where the intervention involves common condominium parts, the ENEA form must be completed by a qualified technician (architect, surveyor, accountant).
Who can claim the bonus for fixtures?

The window deductions for the installation of internal doors can be requested by:

· Tenants

· Borrowers

· Cohabiting family members

· Owners

· Naked owners

The list also includes subjects who enjoy any right of enjoyment such as usufruct, housing or surface.

On which types of doors can the deduction be requested?

The installation of doors can take advantage of the 50% deduction in the case of the purchase of:

· Entrance doors

· External armored doors

· External doors

· French doors

Mosquito nets are not included in the deduction.
What happens if you pay a deposit in 2020 and the balance in 2021?

In cases of payment on several occasions, it is possible to benefit from the 2020 fixtures bonus in two different ways. The first solution involves the preparation of two ENEA practices. The first, in 2020, for the down payment. The second, in 2021, for the balance.

Alternatively, it is possible to wait until 2021, and request access to the tax deduction for the entire amount starting from 2022.
Can Porte Italiane help me with the 2020 window bonus?

Porte Italiane offers a wide choice of internal and external armored doors, which fall within the cases provided for by the 2020 window bonus.

Our experts are at your complete disposal for choosing the model that best suits your needs, and can also help you clarify some of the issues related to tax deductions. Furthermore, on our blog we offer useful advice for the maintenance of doors of this type, which can thus last longer and offer maximum efficiency.

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