Ecobonus 2020: everything you need to know

  • Ecobonus 2020: what it is and how it works
  • Ecobonus 2020: what are the admitted works
  • Method of payment of the bonus
  • Ecobonus 2020: the latest clarifications from the Revenue Agency
  • The classic eco-bonus remains unchanged

In recent months there has been a lot of talk about the Ecobonus 2020, also called Superbonus 110% due to the interesting innovations made to this form of incentive for those who carry out renovations. Now, however, we can finally speak officially, because the Superbonus 2020 has been converted into law and the procedure for requesting it has been activated.

 

So let’s see how Ecobonus 2020 works , what interventions are allowed, who can request them and everything you need to know about this interesting novelty.

Ecobonus 2020: what it is and how it works

What is called Ecobonus 2020 is nothing more than a form of economic support aimed at those who carry out renovations on their home that has been in existence for some years now. With the Relaunch Decree, however, some significant innovations were approved regarding the Ecobonus 2020, which significantly extended the amount of deductions to which one is entitled.

The Superbonus 110% in fact provides that some energy efficiency interventions are entitled to a deduction equal to 110%, but not only. Thanks to the credit transfer mechanism , those who carry out renovations can obtain them at no cost from the company , which applies the discount directly to the invoice and will recover them in the amount of 110% later.

Ecobonus 2020: what are the admitted works

The renovations that fall within the Superbonus 110% are those that involve an energy efficiency of the building, which must rise by at least two classes (or alternatively reach the highest).

Let’s see in detail what interventions are allowed, which therefore have the right to a 110% deduction:

  • Thermal insulation of horizontal and vertical opaque surfaces ( thermal coat );
  • Replacement of air conditioning or heating systems;
  • Installation of photovoltaic systems (if carried out together with the structural interventions mentioned above);
  • Seismic interventions carried out on buildings located in areas at risk (sismabonus).

Method of payment of the bonus

The great novelty introduced by the relaunch decree is that with the Ecobonus 2020 those who carry out renovations that involve an energy efficiency of the building can essentially obtain an immediate discount on the invoice equal to 100%.

The supplier (company) in fact carries out the interventions and through the credit transfer mechanism immediately applies a discount on the invoice equal to 100%. He collects cash from the bank and pays it a tax credit of 110. In this way both the taxpayer and the company benefit.

Ecobonus 2020: the latest clarifications from the Revenue Agency

For a few days, the Revenue Agency has provided further clarifications regarding the 2020 Ecobonus, specifying that the family members and cohabitants of the owner of the property can also access it if they bear the expense.

The Inland Revenue then clarified that the costs for materials, design and related professional costs (inspections, appraisals, preliminary design costs and so on) also fall within the admissible expenses .

The classic eco-bonus remains unchanged

For those who carry out renovation and energy efficiency works that do not fall within the cases described above (entitled to the 110% deduction) the classic Ecobonus remains valid also for 2020 , with deductions ranging from 50% to 65% depending on the work carried out and the energy improvement made.

 

by Abdullah Sam
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