Sisma Bonus: what is it and how does it work? Guide to deductions for seismic interventions. Discover deduction percentages, who is entitled to, assignment and extension.
The Sismabonus 2024 is a tax incentive on anti-seismic upgrading works that improve the characteristics of a given building (with respect to the seismic risk itself).
The amount of the sismabonus incentive (tax deduction of the expenses incurred for anti-seismic works) depends on the geographical area (depending on whether it is more or less at risk of an earthquake) where the building is located and the type of intervention carried out.
This tax relief was provided by the Italian government following the earthquake events of recent years and
extended until 2024 with the 2022 Budget Law. In fact, this type of risk is frequent in Italy.
My name is
Elia Caneppele and today I am writing this guide on the anti-
seismic bonus in order to help all those who wish to secure their home from earthquakes.
The objective of the Earthquake
Bonus is precisely to increase investments for
earthquake renovation works on the building stock already present in our area.
Sismabonus: what is it, how does it work and what does it depend on?
As we have already seen, the Sismabonus is the
facilitation for interventions for the adoption of anti-seismic measures (art. 16, 1-bis, Legislative Decree 63/2013).
The Earthquake Bonus is possible with the
Irpef or Ires deduction for taxpayers (individuals and companies) and is intended to spur work to secure homes and production buildings.
As we will see later in more detail, these works must be carried out on buildings located in
seismic areas of high danger (zones 1 and 2) and in zone 3 (zone 4 remains excluded).
The deduction must be calculated on a maximum of 96 thousand euros per real estate unit and must be divided into 5 equal annual installments.
The
Sismabonus 2021 has passed but until 2024
the Sisma Bonus interventions are extended by the 2022 Budget Law.
Sismabonus deduction and bonus earthquake incentives
- Facility name: Sismabonus 2022 - 2023 - 2024 (tax deduction);
- Beneficiaries: natural persons (IRPEF) and legal persons (IRES);
- Properties involved: homes (including second homes) and productive activities;
- Deductible expenses: anti-seismic structural interventions and related works;
- Maximum amount: € 96,000 per real estate unit in 5 years.
The Sismabonus takes concrete form thanks to the possibility, given to individuals and companies, to deduct from their income a part of the expenses for anti-seismic works on buildings located in seismic zones 1, 2 or 3 .
The earthquake bonus is calculated only on
existing buildings , not on new buildings or extensions.
To calculate the
bonus earthquake incentives , the standard indicates 8 seismic risk classes: A +, A, B, C, D, E, F, and G. Class G buildings are in the conditions of maximum risk. On the other hand, buildings in class A + are at lower risk.
The
sismabonus deduction provides for a percentage that varies:
- 50% if no seismic risk class is lost.
- 70% if you go down one class in the property certificate;
- 80% if you go down two risk classes;
- 75% for condominium works that reduce one class and redevelop from an energy point of view (Ecosismabonus).
- 85% work on condominium parts that reduce by two classes and redevelop together from an energy point of view.
Ceiling and maximum deductible spending limit
A
maximum of 96,000 euros can be deducted for each real estate unit.
The ceiling relating to the seismabonus can be combined with the maximum ceilings of the eco-bonuses, not with that of the restructuring bonus. Between sismabonus and the restructuring bonus you can deduct a maximum of 96,000 euros.
The expense will be repaid over 5 years, including the year in which it was incurred.
What is the Sismabonus?
The SIsmabonus is a tax deduction (IRPEF or IRES) that
is due both to individuals (individuals, individual entrepreneurs, professionals)
and to companies .
The bonus earthquake interventions are carried out on residential properties (including the second home) or dedicated to productive activities. The important thing is that the buildings are located in the seismic zones 1,2,3.
Not only the owners but also the holders of a real right of use, the borrower, the lessee, the cohabiting family member or the future buyer can take advantage of the Sismabonus deductions. After we see in detail all the beneficiaries who can request the bonus earthquake interventions.
Bonus earthquake example
Let's assume we want to secure a house. We spend € 70,000 and reduce seismic risk by 1 class.
The Revenue Agency will refund you 70% in IRPEF deductions of the expenses incurred, or in IRES deductions. The Agency will not pay € 49,000 (65% of € 70,000) into the account, but will return the sum by deducting it from future taxes, in five annual installments.
Super Sismabonus 110%
ATTENTION: if all the conditions foreseen by the Superbonus are met, the discount is increased to 110% and therefore becomes Super Sismabonus .
In certain situations the Superbonus absorbs the ordinary Sismabonus : this means that if all the conditions provided for by the Superbonus are met, the obligation to apply 110% is in force and it is not possible to choose to apply the rates of the (certainly less complex) Sismabonus ordinary.
The rates of 50-70-75-80-85% are still in force even after 1 July 2020 (and until 31 December 2024). Therefore, if the Superbonus criteria are not respected (for example because the taxpayer owns a shed, or is a professional who owns a real estate unit not in condominium, or is a company) the ordinary Sismabonus rates continue to apply.
Furthermore, thanks to the 2020 Relaunch Decree, the possibility of transferring credit and discounting the invoice was also introduced for the Sismabonus 110 as well as for all other interventions that can be facilitated with the 65%
Ecobonus , the 50%
Restructuring Bonus and the 110 Superbonus. %.
Seismic danger zones
The
seismic classification of Italy made with Ordinance 3274/2003 eliminates the "not classified" category and introduces four areas of decreasing seismic hazard:
- Zone 1 - It is the most dangerous area: the probability of a strong earthquake is high;
- Zone 2 - In this area strong earthquakes are possible;
- Zone 3 - In this zone, strong earthquakes are less likely than in zones 1 and 2;
- Zone 4 - This is the least dangerous area: the probability of an earthquake is very low.
Each zone is assigned a value of the seismic action useful for the design (expressed in terms of maximum acceleration on rock: zone 1 0.35 g - zone 2 0.25 g - zone 3 0.15 g - zone 4 0.05 g).
Local or global anti-seismic interventions are admitted to the (Super) Sismabonus.
Map of natural hazards in Italy
Istat and Casa Italia, Department of the Presidency of the Council, have put online an update of the integrated information framework of the
map of natural risks in Italy .
It is possible to understand how much the Municipality in question is at risk in relation to these natural hazards and risks:
- characteristics of the territory;
- seismic, hydrogeological and volcanic risk;
- state of the buildings;
- number of cultural assets;
- context demographic indicators.
The
Istat Risk Map website gives an overview of the risks of exposure to earthquakes, floods, volcanic eruptions and landslides, thanks to the integration of data from various institutional sources: Istat, INGV, ISPRA, Ministry of Cultural Heritage and Activities and tourism.
The goal is to provide an overview of exposure to natural hazards.
How can I take advantage of the tax deductions for anti-seismic interventions ?
The subjects who bear the costs can opt, instead of the direct use of the deduction, alternatively:
- Discount on the invoice : discount on the amount due in advance by the supplier of the interventions and recovered by them in the form of a tax credit (with the right to subsequently transfer the credit);
- Credit transfer: for the transformation of the corresponding amount into a tax credit, with the option of subsequent transfer to other subjects including credit institutions and other intermediaries.
What are the deductible expenses?
ATTENTION: the costs admitted to benefit from the Sismabonus also include the expenses for the classification and seismic verification of the buildings.
In fact, among the
deductible expenses for the anti-seismic bonus we have:
- fees of professionals to classify and verify the property seismically;
- provision of services;
- supply of goods under the contract;
- administrative fees, stamps and urbanization charges.
To take advantage of the deductions of the sismabonus incentives you will have to pay by means of a special
speaking bank transfer , showing:
- causal payment;
- tax code beneficiary of the deduction;
- VAT number or tax code of the person making the transfer.
Who can deduct the Sismabonus?
Among the subjects who can deduct thanks to the sismabonus incentives we have:
- owners or bare owners;
- holders of a real right of enjoyment (usufruct, use, housing or surface);
- renters or borrowers;
- members of divided and undivided cooperatives;
- individual entrepreneurs for buildings used for productive activities;
- simple partnerships, general partnerships, limited partnerships, family businesses;
- cohabiting family member;
- separate spouse assignee of the property in the name of the other spouse;
- member of the civil union
- cohabitant more uxorio.
What documents to keep for the Sismabonus?
These are the documents you will need to keep in case of potential checks:
- ASL preliminary notification;
- Wake or Building Permit;
- talking bank transfers;
- invoices or tax receipts;
- receipts of urbanization charges or rights for authorizations;
- copy of the asseveration of the starting risk class of the building and class reached after the project,
If in doubt you can read other
bonus articles or comment below.
I hope this guide is useful for you.
