Superbonus 110% and Wood Flooring 2023: deductions for your renovation

Superbonus from 110% to 90% in 2023

The years 2021 and 2022 were two interesting years in terms of contributions to home renovation work, mainly thanks to the 110% Superbonus, which allowed so many to take action without major disbursements, thus taking advantage of a substantial deduction. The Superbonus 110% has been extended until 2023 but with a shift from 110% to 90% with a good chance that it will be confirmed for 2024 as well, this is what emerges from the updating note of the Economy and Finance Document (Def) announced by Mario Draghi.  A functional Superbonus with some important changes is also planned for 2023. Moreover, we would like to remind you that the Superbonus is not the only benefit which can be referred to and that, on the contrary, there are deductions for every renovation need.

Focussing on the 2023 flooring bonus, one of the most in-demand, we take a look at why you should not miss it.

Floor Bonus 2023: deducting parquet flooring

Are you renovating your flat and wondering whether there are also deductions for the parquet flooring you have been longing for? The flooring bonus has been confirmed for all of 2023 and for 2024, extended to 2025 for flats in condominiums. The supply and installation of tiles or parquet can in fact fall under three types of deduction, 50%, 65% or 90%. Let us look at them together:

1. Renovation or ‘home’ bonus at 50%. The so-called Renovation Bonus is a tax allowance on building renovation works – regulated by Article 16-bis of Presidential Decree 917/86 – that consists mainly of an IRPEF deduction of 36% of the expenses incurred, up to a total amount of €48,000 per real estate unit. Nevertheless, from 2012 onwards (until 31 December 2021 for the time being) the deduction has been increased to 50% and the maximum expenditure limit to EUR 96,000. The 50% deduction of the expenses incurred for the building renovation work must be divided into 10 equal annual instalments. An IRPEF deduction, again up to a maximum amount of EUR 96,000 and to be spread over 10 equal annual instalments, is also available for those who purchase renovated buildings (for residential use) from construction or property renovation companies and building coops, which sell or assign the property within 18 months from the date of completion of the work. Whatever the value of the work carried out, the buyer/assignee of the property must calculate the deduction on a lump sum, equal to 25% of the sale/assignment price of the home (including VAT). 

We also remind you that those benefiting from the Renovation Bonus are also entitled to the Furniture and Household Appliances Bonus (50% deduction on a maximum expenditure ceiling of EUR 16,000).

2. Ecobonus at 65%. The so-called Ecobonus consists of an IRPEF or IRES deduction granted when work is carried out to increase the energy efficiency level for existing buildings. Deductions, to be spread over ten equal annual instalments, normally range from 50% to 85%; from 2020, thanks to the introduction of the Superbonus, it is possible to reach 90% (Super Ecobonus or Ecobonus 90%) and get this deduction spread over five years.

BIHOMA Green Collection – Mardegan Legno

3. Superbonus from 110% to 90%. It is important to remember that to take advantage of this benefit, other interventions need to be carried out. With a view to improving the energy class (a fundamental requirement for the Superbonus), underfloor heating is one of the most indicated solutions. 

Parquet and underfloor heating: a clarification

Choosing underfloor heating means not having to use conventional radiators and achieving greater energy savings. Although it is more expensive to start with, this system can guarantee savings of around 25% per year. For those who enjoy walking barefoot in winter, this type of system contributes, undoubtedly, to a warmer environment and a more pleasant walk. Moreover, we should not forget that we could benefit from more space for our furniture since there would no longer be radiators. However, there is no lack of doubts regarding the possibility of using underfloor heating with a parquet floor. Many people fear that wooden flooring could rise, others point the finger at wood as an insulating material and therefore unsuitable for ensuring good heat conduction. But what is the truth of the matter? The truth is that only a few steps are needed: the secret lies in the right choice of the parquet floor and its installation. 

Wood, although being a living material and therefore used to react to stimuli, has an insulating power that allows heat to spread evenly throughout the environment. 

Two types of flooring can be selected: 

  • three-layer parquet (floating, for new generation low thickness/low inertia screed);
  • pre-finished two-layer parquet floors (installation by gluing). 

 Regarding private homes, only the renovation of flooring for aesthetic purposes is not allowed. The expenses, in fact, are considered simple ordinary maintenance. To qualify for deductions, it is important that the renovation of the flooring is linked to broader maintenance and renovation projects.

Prefinished parquet for underfloor heating

Prefinished oak parquet is ideal for the installation of underfloor heating because it does not have any particular problem. Prefinished parquet is the most suitable for the installation of underfloor heating because it tends to be more resistant and stable and is not subject to thermal expansion.

Firenze Style prefinished parquet  – Mardegan Legno

Parquet not suitable for underfloor heating

 The parquet woods that are not suitable for underfloor heating systems are maple, cherry, beech, ash, fir, larch and Wenge. These are not defined as stable woods and are therefore not placed on radiant floor systems.

 Therefore, the coexistence of underfloor heating and parquet, laid well, is ensured. And more.  This kind of installation will last for a long time and offer a lot of comfort, both in terms of energy saving and heat diffusion.

For more information on the bonuses available for your floors or on parquet floors made by Mardegan Legno contact us or visit our website.