Changes to Italy’s building bonus schemes in 2026 will significantly restrict access to invoice discounts and credit transfers for the Sismabonus purchases, a tax incentive aimed at seismic upgrading of properties. The alterations, impacting renovations and energy efficiency improvements, effectively eliminate the possibility of upfront discounts on notarial deeds finalized in 2025 related to the Sismabonus purchases.
The tightening of regulations extends to a prohibition on the ordinary bonus for unsold housing units, according to reports. This impacts developers and potential buyers relying on these incentives to offset the costs of seismic improvements. While the Sismabonus purchases still allows for a tax deduction, the removal of the immediate financial benefits through discounts or credit transfers is expected to dampen demand.
Despite the broader restrictions, the Sismabonus purchases remains available even for properties in a rough state – “case al grezzo” – offering some flexibility for ongoing construction projects. This provision acknowledges the unique circumstances of incomplete buildings undergoing seismic upgrades.
The changes represent a substantial shift in the Italian government’s approach to building incentives, moving away from immediate financial relief towards a system primarily based on tax deductions. The implications for the construction sector and property owners are considerable, potentially slowing down renovation activity and increasing the financial burden on those undertaking seismic upgrades.
