First-time buyer schemes for under-36s, building grants and foreign income: here’s who the tax authorities are targeting
The Italian Revenue Agency has launched a campaign to verify that the eligibility criteria for benefits have been met. From 2021 to 2024, this will cover almost 700,000 contracts. The focus on building grants continues
First-time buyer schemes for under-36s, documentation relating to building grants, foreign income and the third sector are among the objectives of audits carried out by the Revenue Agency. Through the selective use of financial data contained in the transaction records, which will be used to strengthen the criteria for compiling lists of taxpayers to be audited.
The Italian Revenue Agency has provided an update on the 2026 audit campaign, issuing guidance to its offices on how to proceed.
First-time home buyer schemes for under-36s and building grants
Property transactions, and more generally transfers of assets, which benefit from tax relief, will be subject to specific scrutiny. In fact, selective lists are currently being drawn up for use during the 2026 audits to verify the correct application of tax regimes and reliefs relating to registration tax, mortgage tax and cadastral tax on inheritance and gifts.
However, in addition to the usual checks on whether the criteria for claiming the first-time buyer scheme have been met, this year’s audit will see the introduction of checks on first-time buyer incentives for under-36s.
The tax relief was introduced by Article 64 of Decree-Law 73/2021 (Law 106/2021, the ‘Sostegni bis’ Decree) and provided, for taxpayers meeting certain criteria (being under 36 years of age, an ISEE of up to 40,000 euros and the purchase of a first home), tax relief such as exemption from registration, mortgage and cadastral taxes, and the elimination of the substitute tax for purchases financed by a mortgage.
