Giorgetti Rejects Superbonus Extensions, Citing Lack of Existing Framework

Headline: Giorgetti excludes extensions to the Superbonus, “not in existing forms”

The Italian government has excluded extensions to the Superbonus in its existing form. The decision was made by the Minister of Economic Development, Giancarlo Giorgetti, who stated that the measure is “not sustainable” in its current form.

The Superbonus is a tax incentive that was introduced in 2020 to encourage the renovation of buildings and make them more energy-efficient. The measure has been very successful, with over 400,000 buildings having been renovated under the scheme. However, the government has been concerned about the cost of the Superbonus, which is estimated to reach €60 billion by 2025.

Giorgetti has said that the government is working on a new version of the Superbonus, which will be more targeted and less expensive. He has not provided any details about the new version of the measure, but he has said that it will be announced in the coming weeks.

The decision to exclude extensions to the Superbonus in its existing form has been met with criticism from some sectors of the Italian economy. The construction industry has warned that the decision will lead to a loss of jobs and a slowdown in the economy. However, the government has defended its decision, arguing that the Superbonus is not sustainable in its current form.

The Superbonus is a tax incentive that was introduced in 2020 to encourage the renovation of buildings and make them more energy-efficient. The measure offers a tax break of up to 110% for the cost of renovations, which can be used to offset taxes payable over a period of five years.

The Superbonus has been very successful, with over 400,000 buildings having been renovated under the scheme. The measure has helped to reduce energy consumption and emissions, and it has also created jobs in the construction industry.

However, the government has been concerned about the cost of the Superbonus, which is estimated to reach €60 billion by 2025. The government has also been concerned about the fact that the Superbonus has been used to renovate some buildings that did not need to be renovated.

In July 2022, the government announced that it would be excluding extensions to the Superbonus in its existing form. The decision was made by the Minister of Economic Development, Giancarlo Giorgetti, who stated that the measure is “not sustainable” in its current form.

Giorgetti has said that the government is working on a new version of the Superbonus, which will be more targeted and less expensive. He has not provided any details about the new version of the measure, but he has said that it will be announced in the coming weeks.

The decision to exclude extensions to the Superbonus in its existing form has been met with criticism from some sectors of the Italian economy. The construction industry has warned that the decision will lead to a loss of jobs and a slowdown in the economy. However, the government has defended its decision, arguing that the Superbonus is not sustainable in its current form.

The decision to exclude extensions to the Superbonus in its existing form is likely to have a significant impact on the Italian economy. The construction industry is a major sector of the Italian economy, and the Superbonus has been a major driver of growth in the sector. The decision to exclude extensions to the Superbonus is likely to lead to a slowdown in the construction industry and a loss of jobs.

The decision is also likely to have an impact on the environment. The Superbonus has helped to reduce energy consumption and emissions, and the decision to exclude extensions to the measure is likely to lead to an increase in energy consumption and emissions.

The decision to exclude extensions to the Superbonus in its existing form is a significant one. The measure has been very successful, but it has also been very expensive. The government is working on a new version of the measure, which will be more targeted and less expensive. However, it is not clear when the new version of the measure will be announced, or how it will be implemented.

If you are considering renovating your home, you should contact a qualified professional to discuss your options. There are still a number of government incentives available for energy-efficient renovations, and a qualified professional can help you to choose the best incentive for your needs.