The tax deduction of the costs of building renovation work is governed by Article. 16-bis of Presidential Decree 917/86 (Consolidated Law on Income Tax).
From 1 January 2012 the benefits ware made permanent by Decree-Law no. 201/2011 and placed under charges deductible from Irpef.The deduction is equal to 36% of the costs, up to a total amount thereof does not exceed €48,000 per building unit. However, for expenditure incurred from 26 June 2012 to 30 June 2013, the Law Decree n. 83/2012 has raised to 50% the size of the deduction to 96,000 Euros the maximum amount of eligible expenditure to the benefit.
These major benefits were then extended many times by subsequent measures. Finally, the 2015 Stability Law (Law no. 190 of 23 December 2014) was deferred until 31 December 2015 the opportunity to take advantage of the increased income tax deduction (50%), confirming the maximum spending limit of EUR 96,000 per building unit.
From 1 January 2016 the deduction will return to the ordinary measure of 36% and with a limit of € 48,000 per housing unit.