The guide to tax deductions for restructuring work on Italian properties, updated in May 2019, has been published on the website of the Italian Revenue Agency.
Building work for the refurbishment of Italian building carried out on individual units or on the common areas in condominium buildings can receive an IRPEF tax break of 50% for a maximum spending limit of 50 thousand euro. From 1st January 2020, these deduction will return to the ordinary level of 36%.
Similarly for upgrading the energy efficiency performance of property in Italy, it has been obligatory to provide information to ENEA on the work carried out since 2018.
The Agenzia della Entrate's guide also provides useful information for deductions related to renovations. These include, for example, the possibility of paying less VAT and the possibility of deducting interest paid on loans taken out to renovate a main residence. There are also deductions for the purchase of residential property as part of fully renovated buildings and for the construction or purchase of parking spaces.