Many correctives ranging from extensions to time extensions, but which also affect the credits themselves at different points
The February decree on the Superbonus, which blocked the transfer of credits and the discount on the invoice, needed to be reviewed and the Government did so with the conversion into law of Legislative Decree 11/2023 in which a series of measures were added which serve to somewhat soften the stop imposed in February.
Many correctives ranging from extensions to time extensions, but which also affect the credits themselves at different points. The most important for taxpayers is certainly the one that offers the possibility of spreading the deduction over 10 years instead of 4.
Very important possibility, because in 4 years the deduction of the expenses incurred was not fully depreciable by everyone due to the fiscal incapacity. Precisely for this reason, the possibility of spreading the deduction over 10 years has been envisaged, for all those who have not been able to opt for the transfer of credit and for the discount on the invoice.
But the deduction in 10 years has very specific rules and constraints that it is good to know before the 2023 tax return. Let’s try to understand why.
Meanwhile, the ten-year deduction is only possible on expenses incurred from 1 January to 31 December 2022 and is an option chosen by the taxpayer. A sort of safeguard, therefore, for the lowest incomes who do not have the fiscal capacity to take advantage of it in 4 years.
But in order to be entitled to the deduction in 10 years, you have to wait an extra year. It will not be possible to start enjoying the deduction in question in the 2023 tax return, but you will have to wait for that of the following year, 2024. The new rule, in fact, applies from the 2023 tax period and, therefore, from the 2024 tax return .
You skip a year to be entitled to the deduction that can be spread over a longer period of time. In order to take advantage of it, however, it is essential not to request the deduction starting from the 2023 declaration. In doing so, in fact, one would automatically lose the right to exercise the deduction option in 10 years because those who opt for the deduction in 4 years (in the declaration of income 2023) will not then be able to change his mind to take advantage of the one in 10 years the following year.