Instructions are ready for the "First home under 36" bonus provided by the Sostegni bis decree for young people under 36 and an ISEE not exceeding 40 thousand euros who buy a house by 30 June 2022. A circular from the director of the Agency of the Revenue traces the perimeter of the new facility which provides for the exemption from registration, mortgage and cadastral tax and the recognition of a tax credit in the event of a purchase subject to VAT. The document clarifies that the new bonus also applies to the appurtenances of the subsidized property, such as the garage, and that taxes are also cleared for deeds subject to VAT. The bonus, which is valid for deeds stipulated between May 26, 2021 and June 30, 2022, reminds the Revenue Agency, also provides for the exemption fromsubstitute tax for loans granted for the purchase, construction and renovation of residential properties.
On the other hand, the facility is not applicable to preliminary sales contracts, as it is envisaged only for translational or constitutive deeds for consideration.
The bonus provides several benefits, which also extend to the purchase of the main home appliances. In the first place, there is an exemption from the payment of registration, mortgage and cadastral tax and, in the case of a purchase subject to VAT, a tax credit equal to the tax paid for the purchase is also recognized, which may be used to subtract the taxes due on deeds, reports and tax returns subsequent to the date of purchase or used in compensation through F24. Concessions also for loans related to the purchase, construction and renovation of the property: with the first home bonus under 36, in fact, the substitute tax of registration and stamp duties is not due.mortgage and land registry and taxes on government concessions. To benefit from the exemption, the beneficiary must declare the existence of the requirements in the contract or in an attached document.
Finally, green light for properties purchased through a judicial auction, which can still access the benefit.