Building tax incentives are tax relief measures introduced by the State to encourage work on existing properties. They aim both to improve the quality and safety of buildings and to make homes more energy-efficient and environmentally sustainable.
In practice, people incurring qualifying expenses can recover part of their investment through tax deductions. A taxpayer meeting the legal requirements receives a benefit that reduces the effective cost of the works.
Different schemes cover different improvements. Well-known examples include the Renovation Bonus for extraordinary maintenance and building restoration, and the Ecobonus for energy-efficiency improvements such as replacing windows or heating and cooling systems. Other relief measures may be introduced or amended to reflect economic and environmental objectives.
Not every project automatically qualifies. Access depends on specific technical, administrative and tax requirements, as well as retaining the necessary documentation. Obtain information beforehand and seek qualified professional assistance where appropriate.
These incentives can help owners improve a property’s value, comfort and energy efficiency while benefiting from the tax savings available under the applicable rules.