The expiration of the Home Renovation Bonus, set forth in Superbonus 110%, can be extended to homeowners, without prejudice to the right to benefit from the Bonus.

This will be a new extension, in addition to the previously agreed extension until June 30, 2022, to allow the fulfillment of the requirements of the first expiration date, set by the Ministry of Environmental Transformation (Mite).

Currently, there are many hurdles to be faced in order to reach the first expiration date, and what complicates everything is the price hikes that have occurred in recent days and financial quirks that must be respected.

In all of this, taxpayers will have to pay for energy efficiency.

The economic risks are greater for the construction companies, which would risk bankruptcy by being unaffordable, in the absence of secured loans.

The increase in raw material prices, the Revenue Agency’s controls on bonus and the spike in inflation are making it increasingly difficult to meet the requirements for the first expiration date of the 110% Superbonus. After obtaining the extension with the 2022 Budget Act, homeowners are given an 110% Superbonus expense extension until December 31 of this year only if they can prove they have done 30% of the total work by June 30. The ratio that is difficult to reach, even if it is low, because the expenses must be within the dream price list, as well as determine the achievement of the above-mentioned ratio.

In fact, it is possible to reach a percentage of less than 30% if there are expenses in the total deposit that cannot be deducted. A risk that could become real. Moreover, due to expenses and construction sites continuing to open, there may be logistical problems in the works, which can make it difficult to start construction sites quickly.

Exactly this is the main problem of villas, apartment complexes that contain no more than 4 housing units, including single-family homes. There is no solution to this problem. An attempt was made to reduce the periods of bureaucracy, raise the price list and speed up construction, but no results were obtained.

The restart decree, which contains the rules for the restructuring bonus, guarantees easy access to the bonus even for builders: as Melina Gabanelli specifies in the report in Corriere della Sera, to take advantage of the restructuring bonus, it was sufficient to register the Ateco Code, without showing documents or Other certificates. Same for those who order Superbonus 110%, especially for allocating credit, which can be used to allocate credit multiple times.

This gave advantages to those who did not make any payments for renovations that were accepted into the Superbonus 110%, facilitating the increase in tax frauds to the Revenue Agency and the State of more than 4.5 billion euros.

Now, therefore, the burden of financial controls by the tax authorities and the limited possibility of allocating credit to a maximum of two intermediaries, both fall on the shoulders of the homes. It is therefore necessary to intervene in the deadlines for interventions on single-family dwellings: the extension currently in force, until December 31, 2022, must be rescinded in order to give more time to carry out the works accepted in the Superbonus.

This extension includes not only villas, but more buildings such as condominiums and the former Iacp, with its deadline changed from June 30, 2023 to December 31, 2023. Amendment of the legislation on villas requested by the majority of Parliament, following the entry into force of the Sostegni Ter Decree , which introduced further restrictions on extensions and assignment of credit.

Another extension to consider is that of Sal’s expiration: we can assume the Business Progress Status View will be postponed to September of this year, in order to have the opportunity to take advantage of the Superbonus until the end of February 2023.

The list of works accepted for Superbonus 110% is not subject to changes for 2022. It can be ordered for energy efficiency works and for all interventions in which it is possible to replace and install devices that allow the jump into two energy classes.

The amendments focus on the legislation on the tax area, on the deduction and on the option to transfer credit, which becomes active again after the cessation of applications that will be referred to the Revenue Agency until last February 17. Therefore, it will be possible to allocate credit a maximum of two times to authorized intermediaries, that is, banks, agencies and financial companies registered in professional records.

Each balance is assigned an identification code that must be indicated when communications are forwarded to the Revenue Agency. The code will allow the credit to be traced and traced back to the first referrer.

The new provisions will apply to applications that will be sent to the Revenue Agency starting May 1.

Finally, with regard to penalties, fines of 50 thousand to 100 thousand euros, suspension of credit and suspensions from 2 to 5 years in the case of false statements and reimbursement of the amended expenses in the sums are envisaged.

Sitting features strong fluctuations For the main indices of the Italian Stock Exchange and the main European financial markets: The FTSEMib index closed with an increase of less than 1 percentage point. Pierre Ferret – Technical Analyst at ActivTrades – reported that all sectors are above key support levels. According to the expert now There is a wait-and-see attitudeInvestors are watching the situation cautiously in the event of a major turnaround, after recent sell-offs have created cross-list buying opportunities. “While bullish traders are currently defending technical support areas, all these signals are likely to continue to confuse the market and affect its mood. increased volatility and strong price action across all asset classes in the very short term,” Pierre Ferret speculated.

The FTSEMib It rose 0.8% to 22,338 points, after it fluctuated between the lowest level at 21,887 points and the highest level at 22,988 points. until the FTSE Italia all participated It rose 0.8%. plus sign for file FTSE Italia medium hat (+ 0.72%), while The star of FTSE Italia It lost 1.49%. In the March 8, 2022 session, the trading value fell to 4.17 billion euros, compared to 5.17 billion on Monday.

It’s 17.30 Bitcoin It fell below $38,500 (less than €35,500).

The BTP-Bund spread Less than 150 points are reported.

L ‘euro It’s back below $1.09.

addresses The banking sector They were champions in FTSEMib.

rise of UniCredit (+ 6.12% up to 9,017 €). very very good BancoBPM (+ 5.09%) e Paper Bank (+5.38%).

Oil stocks riseafter the price of crude oil in New York (the contract expires in April 2022) reached more than $129 a barrel.

Great performance by Saipem (+13.2% to €1,043). very very good Tenaris (+3.22%).

Telecom Italia TIM Bouncing back after the previous day’s roller coaster. A . phone group address has been registered 5.85% progress to 0.2498 euros. As written in Corriere della Sera, the phone group’s board of directors may meet in the coming days to update the offer from the KKR fund.

In FTSEMib dips ampliphone (-4.72%) H Interpump (-4.14%).

e-price Ended the session 3% higher at 0.0206 €. The company approved the financial results for 2020, and indicated that negotiations are continuing with Najma to restructure the company.