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Terrace bonus, how it works and how to use it. Amounts up to 5 thousand euros

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Terrace bonus, how it works and how to use it.  Amounts up to 5 thousand euros
Written by aquitodovale

To improve the appearance and impact on the environment, the Government has studied the Terrace Bonus, how it works and how to use it for amounts up to 5,000 euros.

Roof terrace (Pixabay)

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To improve the appearance and impact on the environment, the Government has studied the Terrace Bonus, how it works and how to use it to have it amounts up to 5 thousand euros. An integral part of a home, the terrace can be transformed into a splendid and welcoming outdoor space, similar to a garden, where you can rest and enjoy the outdoors. Moreover, now that thanks to smartworking you spend a lot of time at home, it is essential to have an outdoor environment close at hand.

An environment to be arranged and furnished, where you can design greenery to stay in contact with nature, while remaining inside the house. Working, reading, eating, being in the company of friends and relatives, in such a space, is priceless, and you live everyday life better. What is certain is that renovating balconies or terraces is not easy and involves a certain investment. For this reason it was decided to extend the Green bonus 2022which includes the Terrace Bonus 2022. What does it consist of?

How to request the terrace bonus and calculate the amounts

renovation balcony terrace facilities
Terrace garden (Pixabay)

Introduced with the 2017 Budget Law, the Green Bonus is a benefit for maintenance interventions of the uncovered areas of the house. It has been extended and is valid for the whole of 2022, an incentive to renovate gardens, balconies and terraces. One is expected Irpef deduction of 36% on a maximum cost of 5 thousand euros. The concession is divided into ten annual installments of the same amount.

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For example, if you spend 5 thousand euros, that is the maximum of the expenditure, you get a deduction of 1800 euros, distributed in ten installments of 180 euros. If you own more than one home, that’s possible request more deductions. In the Terrace Bonus there are deductions for various jobs, including:

  • Irrigation systems
  • Construction of wells
  • Green area arrangement
  • Great pruning
  • Supply of plants
  • Construction of green roofs
  • Hanging gardens
  • Design of new green spaces

Any type of routine maintenance cannot be included in the discount. But who can benefit from it? All the owners of a house to be restored, with outdoor space, the holders of a right of use on the dwelling, the tenants and borrowers can apply for the facility. Companies, public or private bodies, offices and associations can also take advantage of the bonus.

If the house you live in is used as a commercial activity, the bonus is reduced to 50%. The terrace bonus can also be requested in the case of common open area, such as in apartment buildings. In this case, however, the maximum ceiling of 5 thousand euros per house is added up for all the houses adjacent to the open area. Then the bonuses are accumulated.

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To access the incentive put in place by the Government, it is obviously necessary to testify that the restructuring has taken place through payment traceable, then bank transfer, check, credit card or debit card. Invoices must contain information relating to the work carried out and presented to the Revenue Agency, which will verify the correctness of the work and will take care of the reimbursement procedures.



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