Reactions to the house bonus cut

Enterprises ready to ask for a review of subsidies

Pesenti (Ance): 'New cuts risk exacerbating the sector's problem'

IMAGOECONOMICA

3' min read

3' min read

The market risks being hard hit by a new cut, the second in the space of a year. For this reason, the business associations will ask the Government, in the coming weeks, for a remedial intervention that will reshape the schedule of cuts already set by the last manoeuvre on home bonuses.

The position of Ance, FederlegnoArredo and Assoclima

This is the direction taken by Vanessa Pesenti, vice-president of Ance with responsibility for the economic, fiscal and taxation sector: 'We are concerned about these cuts: last year's reduction has already led to many problems, going from 50 to 36% would bring further complications'. The first critical issue is related to undeclared work: "If in the past there was an action to combat undeclared work," he continues, "now it is increasingly difficult for such low percentages to give a push to do work in order, and this has consequences for safety on construction sites.

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Then there are the condominium works: 'Different rates on common parts make it more difficult to agree on structural condominium works. This system of incentives, in short, makes it easier to carry out work on individual units'. Lastly, there is the cap on deductions above 75,000 euro of income: "This is a disincentive," Pesenti concludes, "because these are the incomes that would have the capacity to use a large number of concessions. This is why we hope that there will finally be a structural rethink on housing benefits'.

Claudio Feltrin, president of FederlegnoArredo, on the other hand, calls for the extension of the furniture bonus, due to expire at the end of 2025: "It is a measure that has concretely demonstrated its effectiveness over the years, both in sustaining the purchasing power of families and stimulating domestic demand. This is why we believe it is essential for the government to consider renewing it for 2026 as well, as part of a broader strategy to relaunch the housing sector. In an international context characterised by strong geopolitical uncertainties, which affect exports, it is essential to adopt measures to strengthen the domestic market'.

Also Maurizio Marchesini, president of Assoclima, the association of manufacturers of air-conditioning systems that also represents the world of heat pumps, says: "The cut in tax bonuses does not surprise us, but we hope that the next Budget law will be an opportunity to reorganise incentives in a way that is consistent with the fact that our technologies, such as heat pumps and solutions for improving air quality, can contribute to achieving decarbonisation objectives. We are not calling for a total reintroduction of credit assignment, but we would like to see a special focus on vulnerable groups, for whom it is crucial to implement extraordinary support mechanisms".

A hard blow for the industry

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Claudio Carpentieri, head of Cna's Fiscal and Corporate Policies Department, finally outlines a very hard blow for the sector: 'We believe that the shift of the deduction measure from 2026 to 30%/36% will lead to a sharp reduction in spending on building work, dealing a serious blow to the building sector. A sector that has contributed strongly to the creation of added value and employment in Italy in recent years. Our calculations, based on the withholdings paid by banks on transfers for construction work, show that the amount of the sector's fees has risen from around 27/28 billion (years 2014/2020) to around 100 billion in the years 2022/2023, and then fall to around 84 billion in 2024 and around 15 billion in the first 6 months of 2025. We expect not more than 40 billion in 2025 and a maximum of 15 billion in works from next year onwards.

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