The 110% credit transfer on the superbonus can be used from next October 15th . This is what is foreseen in the communication model approved with today's provision of the Director of the Revenue Agency, Ernesto Maria Ruffini. The communication to take advantage of the discount on the consideration or the sale can therefore be sent to the Agency starting from 15 October 2020 and by 16 March of the year following the one in which the expense is incurred, using the model approved exclusively electronically. .
Even family members and cohabitants of the owner or holder of the property who pay for the work carried out on the properties at their disposal can access the 110% superbonus for renovations. As well as entrepreneurs and self-employed on real estate units within condominiums for work on common areas. The costs for materials, design and related professional expenses (appraisals and inspections, preliminary design and inspection and prospecting costs) also fall within the eligible ceiling . These are just some of the interpretative clarifications contained in the circular of the Revenue Agency on the incentive introduced with the Relaunch dl.
The 110% Superbonus can therefore also be accessed by family members and de facto cohabitants of the owner or holder of the property, as long as they bear the costs of the works. The circular specifies that these subjects can use it if they live together on the start date of the works or, if earlier, at the time the expenses are incurred. The incentive also applies to interventions on a property other than that intended for main residence, in which cohabitation can take place, while it is not due to the family member on properties leased or granted on loan. The promissory purchaser of the property subject to intervention entered into possession is also entitled to the deduction, provided that a preliminary contract for the sale of the duly registered property has been stipulated. As for VAT numbers and condominiums, go ahead also for people who carry out business activities or arts and professions for the work on the common parts of the buildings approved by the condominium assemblies. If, on the other hand, the works involve individual real estate units, then the bonus is only recognized for properties unrelated to the activity carried out, therefore belonging only to the "private" sphere of taxpayers' life. The 110% deduction is extended to include some ancillary costs for the interventions that benefit from the Superbonus, as long as they are actually carried out. These are, for example, costs for materials, design and other related professional expenses (appraisals and inspections, preliminary design and inspection and prospecting costs).
