Superbonus 110, extension for villas until September 30th. Receivables purchased from a new financial instrument

“Platform” to get rid of 19 billion credits stranded superbonus. But also lengthen the term to complete the works Villas Until September 30th. Moreover, there is the possibility of extending the tax cuts over 10 years instead of the basic 4 years stipulated in the rules at 110 per cent, for both banks and individuals. But let’s start with the news of the “unfreezing” of non-performing loans blocking construction sites. In other words, these are bills that the construction companies have not been able to deduct with the banking system because the latter has exhausted its financial space to absorb the credits.

Transfer bonus at the beginning of 60 euros for trains and buses: who is eligible and how to apply

the solution

However, the solution, confirmed yesterday by the Minister of Economy Giancarlo Giorgetti, will not come from the government, but directly from the private sector. The initiative was taken by a public company, Enel X, a subsidiary of the electric giant with a stake in the Ministry of Economy. The innovative mechanism is very simple and will hinge on a “financial vehicle”, which will serve as a kind of platform for buying and reselling credits derived from building bonuses. The car will buy “approved” credits from companies and banks, that is, credits that have been “x-rayed” and verified that they have all the credentials to be bought and sold. Verification and certification work will be carried out by Enel X itself, by banks or by other subjects. The “Vehicle” will then buy the “Approved” credits and resell them on the market. With what money will credits be purchased? The car will finance itself by issuing debt. The hardest point is timing.
It is likely that this platform will not be able to start before next September. Anyway, just in time to let the banks start buying credits on the market again making sure they start a new ‘market’ where they can offload some of those bought. Instead, the framework of the rules established by the law is finalized in these hours with the correction of the amendments and submitted to the last time in the Finance Committee of the Chamber, coordinated between the government and the decision-maker Andrea de Bertholdi.

Veto

In the end, the Ministry of Economy and Finance vetoed the possibility of using F24 forms used by bank customers to pay taxes, made through institutions, to offset tax breaks. Undersecretary Phryne spoke of “big and very important monetary problems”. In short, it would be a very expensive procedure and therefore not performed. Alternatively, the possibility is still there for banks to acquire BTPs for ten years in exchange for credits that you may not have been able to dispose of. Among the latest news, there is also the extension of the possibility of using tax cuts within ten years to natural persons. One way to give those with little financial capacity the possibility is to be able to use the build bonus anyway.

Greenhouse, going up in the energy class increases property value: +14% for those moving from G to D, +30% to A

the goal

According to the Undersecretary of the Ministry of Economy, Federico Freni, the people affected by this measure still represent the “remaining numbers”. The 110 tax bonus for municipalities hit by the earthquake of 2016 and the flood of 2022 has been extended to 2025. “With regard to the superbonus and transfer of credit in the crater area of ​​the 2016 earthquake, I express my sincere satisfaction: commitment preserved, ”said Guido Castelli, Extraordinary Commissioner for Reconstruction. “The amendment – explained Castelli – guarantees until 2025 the transfer of credit and deduction to the bill for reconstruction interventions that benefited 110% for works not covered by the earthquake contribution”. Finally, I also gave the go-ahead for the “reward forgiveness” amendment wanted by Rapporteur de Bertoldi. The rule “saves” the 2022 bills submitted with a bank discount, but it is still waiting for the green light from the institutions. On March 31, these credits would have been forfeited. They can be kept alive until November by paying a fine of €250.

Read the full article
on the messenger