Deductions purchase and home renovation 2011
For those who decide to buy your first home ownership or perform renovations are coming benefits that vary depending on whether:
• a private purchase, and in this case there will be a registration tax of 3% on the cadastral value, taxes ipocatastali fixed (336 euro) on the purchase of dwellings by individuals;
• an acquisition by a company, which will have 4% VAT on the purchase price and registration taxes and fixed ipocatastali (504 euro) on the acquisition of new buildings and their appurtenances.
To take advantage of the benefits you have to buy a property intended for their first home and the buyer must have, or take within 18 months, the residence of the property in the municipality. The house should not be sold before 5 years.
The house does not have to be luxurious and the buyer should not be the exclusive owner of property rights, usufruct, use and habitation of another house in the village.
The purchase of a first home offer concessions on mortgages with a deduction of 19% on interest paid on loans for the purchase of a principal, and this applies to a maximum amount of 4,000 Euros, amounting to EUR 760 per year .
For the property used as a principal residence, you start from the exemption of the payment of:
• Ici refers to property used as a principal residence of the taxpayer and their appurtenances. Excludes properties classified in the cadastral categories A / 1, A / 8 A / 9, that is, mansions, villas and castles, for which continues to apply the reduced rate for the main house decided by the municipality and its deduction (minimum € 103.29 per year).
• personal income tax, the income of the property used as a principal residence by the taxpayer or his immediate family is calculated, it is then excluded from taxable. The owner who enters into a contract negotiated rents also benefits from a flat-rate deduction of 40.5%: taxes are calculated on only 59.5% of the fee, instead of 85%. Also provided a reduction of 30% of the registration of the contract, which rose from 2% to 1, 4% of the annual rent.
These incentives are applicable in densely-populated areas. The news for those who choose to renovate the house relate to the deductions provided for dall'ecobonus, approved the new Stability Law, which provides for a tax deduction of 55%, the costs incurred for work:
• Global energy upgrading of buildings, with a deduction limit of 100 thousand euro; replacement windows and insulation of roofs and walls (60 thousand euro);
• Solar panels (60 thousand euro);
• replacement of condensing boilers, heat pumps, and geothermal low enthalpy (30 thousand euro).
The deduction is affected in 5 installments for expenses incurred in 2010 and 10 in those of 2011, to obtain it is necessary to send the documents electronically Enea within 90 days of the end of the work.
For works that continue for several tax periods, disclosure to the Revenue must take place by 31 March 2011.
The new bill extends the deduction of stability until 31 December 2011.
23/11/2010
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Translated via software
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Source:
Italian version of CercaGeometra.it