DISCLAIMER: this page referes to the tax benefits in force in this moment in Italy, they won't be applide in any other country.
You have just landed on the "tax relief and VAT" wiki, the page where you will find updates on all the reliefs in the world of construction.
Don't worry, you're not on the Inland Revenue website! So, no big words and complicated phrases, but instead let's try to understand how the Italian State helps people like you who decide to invest in their own homes.
Home and tax benefits
The Italian tax authorities offer a number of concessions for those who are renovating or building a new home. These benefits are mainly the possibility to benefit from a reduced or subsidized VAT rate (i.e. 4% or 10% instead of 22%) or to enjoy tax deductions, i.e. to have part of your expenses paid back over a certain number of years.
Far be it from us to replace your accountants or consultants, but we would like to give you some indications based on our experience in an area that needs to be studied in depth.