Furniture bonus

Bonus Furniture and Appliances 2018 – 2019

The Furniture and Appliances Bonus consists of an IRPEF tax deduction for the purchase of furniture and large appliances with a minimum class of A+ (A for ovens), intended to furnish a property undergoing renovation. The deduction is calculated on a maximum amount of €10,000, including any transport and assembly costs, and must be divided into ten annual installments of equal amount. Payment must be made by bank transfer or debit or credit card.
Those who purchase new furniture and appliances in 2018 and 2019 and have carried out building renovation works since January 1, 2017, can benefit from the deduction.

It will therefore be possible to purchase furnishings (from kitchens to sofas, but also beds and mattresses, wardrobes, and chandeliers) with a 50% tax discount for renovation works started since last January or starting in 2019. In this case, there is a maximum spending limit of €10,000 per property, so those who have already spent something this year will have to add these amounts to those of the next year. For the benefit, there is no need for payment with the dedicated bank transfer, but credit cards and debit cards can also be used, and an invoice is required.

Source: Italian Revenue Agency: