Taxes, the race for bonuses from home to school starts with the new 730

Excluded from this calculation mechanism, and therefore not restricted, are healthcare costs, sums invested in innovative start-ups, and sums invested in innovative small and medium-sized enterprises.

Likewise, deductible expenses incurred in connection with loans or mortgages taken out until 31 December 2024, insurance premiums for contracts concluded until 31 December 2024, and instalments of deductible expenses for building renovation (renovation or energy saving) incurred until 31 December 2024 escape the squeeze.

Declaration 2026 reports on the changes introduced from tax year 2025 for bonuses for work on the home.

As the instructions to 730 remind us, 'tax benefits for building renovation, energy saving and earthquake-proofing measures are due for documented expenditure in 2025 at the fixed rate of 36%'.

While 'the percentage is raised to 50% where the interventions are carried out by the holders of ownership rights or rights in rem of enjoyment over the real estate unit used as the principal dwelling'.

In other words, the 50 per cent only applies to the main house, while for work carried out on, for example, second homes, the percentage is reduced to 36 per cent.

A lot of attention must also be paid to the chapter on dependent children. Let's see what the instructions to 730 state in the section on novelties.

"Irpef deductions for dependent children over 30 years of age who are not disabled are abolished.

The deduction for dependent children is now granted to taxpayers who have children, including recognised children born out of wedlock, adopted, affiliated or fostered children, and cohabiting children of a deceased spouse, aged 21 or over but under 30, as well as children aged 30 or over with an established disability.

Attention then to another pole. In fact, 'deductions for dependent family members are not due to taxpayers who are not Italian citizens or citizens of a Member State of the European Union or of a State party to the Agreement on the European Economic Area, in relation to their family members residing abroad'.

There are also positive aspects to be exploited for the taxpayer As the instructions remind us, from 2025 'the maximum limit deductible from gross tax is increased to 1,000 euro, per pupil or student, in relation to expenses for attendance at pre-school, first-cycle and second-cycle secondary schools of the national education system'.