What is the maximum limit of spending on works that qualifies for the 110% tax credit?

The DL Rilancio (Relaunch Decree) expressly refers to the following cases:

  • Thermal insulation of opaque surfaces/roof insulation:
    • 50,000€ for single-household buildings or for properties within a multi-household building that are functionally independent and have at least one independent outside entrance;
    •  40,000€ multiplied by the number of property units that make up the building, for buildings composed of between two and eight properties;
    • 30,000€ multiplied by the number of property units that make up the building, for buildings composed of more than eight properties.
  • Common parts in apartment buildings for the replacement of winter heating systems that can include also the cost of the disposal and decontamination of the replaced system:
    • 20,000€ multiplied by the number of property units in the building, for buildings composed of up to eight properties;
    • 15,000€ multiplied by the number of property units in the building, for buildings composed of more than eight properties.
  • Single household buildings or properties within multi-household buildings that are functionally independent and have one or more independent outside entrances, for the replacement of winter heating systems: 30,000€ that can include the costs for the disposal and the decontamination of the replaced system.
  • Installation of photovoltaic plants: 48,000€ within the cost limit of 2,400€ for every kW of nominal capacity (this limit falls to 1,600€ per kW of nominal capacity if the installation occurs as part of the building renovation, newly constructed building work, or urban planning renovation).
  • Installation of energy storage systems: 48,000€ limited to 1,000€ for every kWh of nominal capacity of storage;
  • Installation of electric vehicle charging infrastructure for electric vehicles:
    • 2,000€ for single-household buildings or for properties situated within multi-household buildings that are functionally independent and have one or more independent outside entrances;
    • 1,5000€ for multi-household buildings or apartment buildings that install a maximum of eight charging columns;
    • 1,200€ for multi-household buildings or apartment buildings that install more than eight charging columns. 

The tax incentive is intended for a single charging column per property

Please note. In the case of buildings composed of more than eight properties, the calculation of the 110% tax credit must take into account all various maximum spending limits.

For example, in the case of thermal insulation works on opaque surfaces, if the building is composed of 15 properties the limit on admissible costs for the tax credit is equal to 530,000€, calculated by multiplying 40,000€ by 8 (320,000€) and 30,000€ by 7 (210,000€).

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