| The loan for the renovation of the house enjoys tax | | | | Special maintenance: replacing windows and heating |
| incentives for the restructuring of assets | | | | installations, plumbing, electrical and sanitary, closed |
| The legislation on benefits for home renovation loan | | | | veranda or balcony for the construction of sanitation, |
| was launched for the first time in late 1997 to revive | | | | construction of toilets; elevator installation, modification |
| the construction industry. | | | | and replacement windows, replacement reconstruction |
| The budget for 1998 provides for the taxpayer to | | | | of walls and fencing, construction, elimination or |
| recognize a tax deduction equal to 41% of the costs | | | | consolidation of stairs, floor demolition and |
| incurred in 1998 and 1999 to a maximum of 77,468.53 | | | | reconstruction, strengthening of structures. |
| euros per year for property tax, for maintenance, | | | | Restoration: complete renovation of the roof, and |
| refurbishment and restoration of heritage buildings: the | | | | action for the elimination or prevention of situations of |
| tax benefit (except a small distinction on maintenance) | | | | degradation, construction of lifts and sliding gates, |
| is responsible for the efforts made in individual | | | | ceiling, demolition and reconstruction of internal |
| apartments and for those on condominium common | | | | structures of a building. |
| areas. | | | | Building renovation: work to make a living roof, material |
| The budget for 2000 has also driven a number of | | | | changes to elevations and facades; conversion of loft |
| important legislative changes, beginning with the | | | | in the attic or establishment thereof, construction of |
| extension of the incentive and the reduction of the | | | | supporting walls, construction of the attic, replace |
| deduction from 41 to 36% (accompanied, however, | | | | pitched roof with solar pavement; adjustment to a |
| reduced from 20 to 10% of VAT which are then | | | | basement dwelling demolition and restoration of walls, |
| placed on these performance measures for recovery) | | | | construction of balcony, opening new windows, the |
| The incentive environment: the need to protect the | | | | inclusion of scale, the inclusion of sanitation. |
| environment and defend the territory against the risk | | | | OTHER MEASURES ALLOWED TO BONUS |
| of geological instability is an ally in the tool tax | | | | But the tax breaks do not stop at just the building |
| deduction. | | | | restoration works on private property or condo. |
| 2002 admitted to the financial benefit of the recovery | | | | Covered by Article 1 of Law 449/97 and even enjoy |
| of 36% of the cost interventions also made in 2002 | | | | the deduction: |
| for the maintenance and preservation of forests. | | | | expenses for services provided relating to the |
| More news for 2003 | | | | operations of building renovation, including design; |
| Tax benefits, as well as for building renovations, | | | | expenditure on plant adaptation to current |
| the responsibility for rehabilitation work with asbestos, | | | | legislation, such as the Law 5 March 1990, No 46 for |
| and those useful to examine the static stability of the | | | | electrical systems |
| buildings (the extent required by the recent serious | | | | expenses for the construction of parking lots, |
| incidents caused by earthquakes); | | | | garages and parking spaces, even if common |
| The amount allowed as a deduction can not | | | | ownership; |
| exceed 48,000 euros | | | | expenditure aimed at the elimination of architectural |
| When the owners of the right to deduct their age | | | | barriers, this term obstacles to the mobility of those |
| is not less than 75 or 80 years, the tax benefit can be | | | | who have reduced or impaired motor skills |
| divided into five or three annual installments (usually | | | | expenses for the actions of wiring buildings; |
| against the ten planned); | | | | the costs of implementation of interventions aimed |
| BUILDINGS SUBJECT of Facility | | | | at limiting noise pollution, as defined in Article 2 of Law |
| The deduction covers work done on buildings for | | | | 447 of 1995; |
| residential, thus excluding the action taken on property | | | | expenditure aimed at achieving energy savings. in |
| other than residential units. | | | | particular for the installation of renewable sources of |
| They are also allowed to deduct expenses incurred | | | | energy; |
| for housing in rural and in the relevant housing (urban or | | | | expenditure on earthquake measures, with a |
| rural areas that are) are commonly defined appliances | | | | prevalence of those aimed at the securing stability of |
| cellars, attics and garages. | | | | buildings. The work must relate to the structural parts |
| WHO CAN 'deduct | | | | of buildings or complex of buildings connected by |
| On paper, the audience of potential users of the | | | | structural and, when referring to historic centers, must |
| measure shows that it can not be larger: The standard, | | | | be performed on a project basis and not on single unit |
| in fact, does not speak to property owners, instead | | | | apartments. |
| referring to property held or owned. | | | | Since 2001: |
| First, it is a Subtraction from TAX (income tax, | | | | adoption of targeted measures aimed at |
| individuals), recipients are only individuals, whether | | | | preventing the risk of potential wrongdoing by third. |
| resident or not it territory. | | | | The term "unlawful acts", it refers to the definition |
| Then, due to what mentioned above, are eligible | | | | adopted by the legislature (theft, assault, kidnapping |
| assistance, as well as property owners, including: | | | | and other crime which leads to the implementation to |
| holders of real rights of enjoyment on the same | | | | overcome physical limits set to protect the rights legally |
| (usufruct, use, or home area); | | | | protected). |
| occupiers of property under lease, loan or state | | | | Regarding measures to prevent the completion of the |
| concession; | | | | acts (which involves taking the benefit of the deduction |
| Members of cooperatives divided and undivided; | | | | of expensesincurred), it provides an illustrative list: |
| members of partnerships; | | | | - Strengthening, replacement or installation of gates or |
| Individual entrepreneurs, limited to properties that | | | | fences walls of buildings; |
| are not among those instrumental or commodity. | | | | - Installation of grilles on the windows or their |
| The deduction, finally, it is also for those who perform | | | | replacement; |
| work on their own, limited only to expenses incurred | | | | - Doors or reinforced; |
| for the purchase of materials. | | | | - Placing or replacing of locks, padlocks, bolts, |
| What interventions GRANTED | | | | peepholes; |
| Law 449/97 accurately identify the interventions which | | | | - Installation of sensors to open and breakon windows; |
| are responsible for the deduction and identifies them | | | | - Installation of gates; |
| with assistance for the recovery of the housing stock. | | | | - Metal shutters with locks; |
| Routine maintenance costs for the deduction is | | | | - Proof glass; |
| allowed only if incurred for the common parts of the | | | | - Wall safes; |
| condominium, unless these are not carried out | | | | - Cameras or cameras with centers connected |
| simultaneously with the work of maintenance. | | | | private security; |
| For example, the restoration of plaster and painting | | | | - Devices to prevent theft detectors and associated |
| have the discount if the tax were replaced at the | | | | units. |
| same time the internal partitions, support elements | | | | Interventions related to the execution of works |
| made of individual structural parts. | | | | intended to prevent the occurrence of domestic |
| EXAMPLES OF INTERVENTIONS | | | | accidents. |
| Maintenance (only condoms) remake of the plaster, | | | | For example, this may involve the installation of |
| painting walls, ceilings and windows, both internal and | | | | equipment for detecting the presence of inert gases, |
| external locking door porch restoration, reconstruction | | | | the installation of safety glass or installing handrails on |
| of interior flooring, interventions aimed at maintaining | | | | the stairs. |
| efficient and integrate existing technology systems. | | | | |