BONUS SICUREZZA: everything you need to know to save 50%
WHAT IS INCLUDED IN THE SAFETY BONUS 2023
The security bonus 2023 allows a tax deduction on personal income tax (IRPEF) that covers 50% of the expenses incurred for the purchase, renovation, design, and installation of all products that can act as a deterrent against theft and infringement, thereby improving the security of one's home. The Security bonus is part of the House Bonus and has been extended in the latest Budget Law until December 31, 2024.
The security bonus can be used for the following types of products:
- Reinforced doors;
- Wall safes;
- Perimeter gates;
- Reinforced shutters;
- Security grilles;
- Alarms;
- Video surveillance;
The security bonus for reinforced doors is therefore included in the package and applies to any anti-burglary class.
HOW MUCH CAN I SAVE WITH THE SAFETY BONUS?
The savings with the security bonus is 50% up to a maximum expense of 96,000 euros. This means that if the cost for the purchase and installation of a product to improve the security of one's home is 90,000 euros, you can save 45,000 euros in income tax deductions divided into 10 annual installments of the same amount. Individuals who have actually incurred the necessary expenses for improving the security of the property can therefore request the tax break for both the purchase of the systems and for all the expenses incurred for their design and installation.
WHO CAN TAKE ADVANTAGE OF THE SAFETY BONUS?
The bonus sicurezza 2023 falls under the home bonus and does not necessarily have to be part of a renovation. It can therefore be requested by different types of individuals, as long as they have a real right on the property.
In detail, the bonus sicurezza 2023 can be requested by:
- Owners and naked owners of the property;
- Individuals who have a real right on the property: usufruct, use, housing;
- Tenants and loaners;
- Members of cooperatives;
- Individual entrepreneurs for non-instrumental real estate;
- Cohabitating family member of the individual who owns the property, if they support the expenses documented with the invoices.
- Spouse, even separated, of the individual who owns the property, if they support the expenses and document them with the invoices;
- Cohabitating partner of the property owner, who supports the expenses and to whom the invoices are addressed.
HOW TO APPLY FOR THE SAFETY BONUS?
To access the security bonus, it is necessary to keep all documentation related to the actual expenses incurred. This information must be presented when filing the tax return with the revenue agency.
To ensure traceability of payments to suppliers, designers, and installers, it is therefore not possible to make cash payments. Payment must be made using traceable payment methods such as credit or debit cards, ATM, or bank transfer.
In the event that you want to make a payment by bank transfer, you must indicate the following information in the reason for the transfer:
- The tax code of the beneficiary,
- The VAT number or tax code of the professional or company that carried out the work,
- The reason for the payment,
- The invoice number and date, and the total amount.
WHEN DOES THE SAFETY BONUS EXPIRE?
The latest Budget Law extended the security bonus until 31 December 2024.
