Superbonus 110%: how does it work in 2021?

The Superbonus 110% is available for expenses relating to upgrading and energy efficiency improvements costs incurred before 30 June 2022: here's how it works.

The Italian 'Rilancio' Decree first introduced the 110% Superbonus, a tax deduction package for anyone who has energy efficiency work done (Ecobonus) or takes earthquake risk reduction measures (Sismabonus) on existing buildings. The Law Decree aims to make it easier to improve buildings and to favour the construction market.
There are always lots of questions about these benefits, especially for non-Italian citizens who own a property in Italy. So, here we tell you how the Superbonus works, what the eligibility criteria for the bonus are and how Giacomini products can be the ideal solution to apply for and enjoy these important benefits.

Superbonus 110%: how does it work?

The 2020 'Rilancio' Decree already introduced the deduction rate of 110% on costs incurred for energy efficiency and earthquake risk improvement works from 1 July 2020 to 31 December 2021. The Italian Budget Law 2021 modified the preceding law, adding a substantial extension to the 110% Superbonus - to 30 June 2022.
The Superbonus is an income tax (IRPEF) deduction incentive of up to 110%, which allows those doing restructuring and upgrading work to enjoy deductions that will substantially reduce the costs incurred for such work.

However, this work must be carried out on existing buildings so this law does not apply to new constructions.

Who can benefit from the Ecobonus 110%?

The 110% Superbonus can be used both by private individuals (but not businesses) and by apartment blocks, Public Housing Institutes (IACP), undivided ownership housing cooperatives, ONLUS (non-profit organisations in Italy), voluntary and social promotion associations and amateur sports associations.
To benefit from the deduction, you must own or hold the property in question on which the work has been carried out. You must also hold an appropriate title, such as ownership or bare ownership, right of use, such as usufruct, dwelling, rent, loan for use or have status as living with the owner or holder of the restructured property. This applies to both Italian nationals and non-Italian citizens that reside in and own a property in Italy.

What work is eligible for the 110% Superbonus?

In order to be eligible for the tax deductions that apply to the 110% Superbonus, the building being upgraded must be improved by at least two energy classes, which you must be able to prove with an EnergyPerformance Certificate (in Italy, APE - Attestato di Prestazione Energetica) issued by a qualified technician.

Alternatively, if it is not possible to increase it by two classes, you must achieve the highest energy class.

But what kind of work gives you the right to the 110% tax deduction?

To be entitled to the Superbonus, at least one of the 'interventi trainanti' or 'main works' must be carried out. The main energy efficiency improvement works included are:

• Thermal insulation work involving the opaque building shell (vertical, horizontal and slanted opaque surfaces) on more than 25% of the gross dispersant area, for buildings or property units located in multi-family buildings with functionally independent units and independent external access;
• Work on communal parts of buildings, to replace winter temperature control systems with central heating systems, cooling systems or domestic cold water distribution systems, such as condensing boilers of at least class A status, heat pumps, hybrid systems or micro-CHP systems;
• Replacing winter temperature control systems that are already present in single-family buildings or property units inside multi-family buildings that are functionally independent, switching to heating, cooling, or domestic hot water supply systems such as condensing systems with at least class A efficiency, heat pumps or connection to efficient district heating systems.

Then, there are also other works that are eligible for the 110% tax relief, as long as they are carried out in conjunction with at least one of the main works mentioned above. These works include: installing photovoltaicsystems, electric car charging columns or other types of work covered under the previous Ecobonus.

For each of the upgrading works described, the 110% Ecobonus comes with precise spending limits to take into careful consideration when you are thinking about starting upgrading work on your buildings.

The Superbonus 110% and Giacomini: a winning combination

Giacomini has always been committed to designing the best solutions for improving energy efficiency in residential spaces and achieving home comfort at the same time as reducing consumption and environmental impact.
Giacomini's products in the Radiant Systems range are ideal solutions for those who want to take advantage of the 110% Superbonus for energy upgrading work, carrying out restructuring work with the aim of improving the energy efficiency of a building.
The design and installation of Giacomini radiant systems, whether they are floor, wall or ceiling systems, integrates perfectly with the installation of high-performance heat pump systems, a combination that maximises performance and achieves the ideal balance between thermal comfort and cost reduction.
One of the other advantages of Giacomini solutions is the flexibility that means that Giacomini systems can be used for both heating in winter and air conditioning in summer. They can also be combined with systems for temperature control, dehumidifying and indoor air quality enhancement.

A smart way to undertake restructuring projects while meeting the criteria for the 110% Superbonus and enjoying the beneficial tax deductions offered.