Italy grants an IRPEF tax deduction for building renovation works. Standard deduction
- 36% for expenses paid in 2025 and 2026
- 30% for expenses paid in 2027
The maximum deductible expense is equal to €96,000 for each real estate unit, including pertinent areas (such as garages and basements).
Increased deduction for main residence
- 50% for expenses paid in 2025 and 2026, if:
o the taxpayer is the owner or the holder of a real property right, and
o the property is used as main residence
- 36% for expenses paid in 2027 under the same conditions
Also in this case, the maximum deductible expense in equal to €96,000 for each real estate unit.
Trainee, Tax and Corporate