News on TRANSITION 5.0 and THERMAL ACCOUNT 3.0

TRANSITION 5.0

Fiscal Simplifications for Businesses

The Draft Law (Ddl) introduces measures to simplify life for companies, particularly concerning taxes. In summary, the government is making some bureaucratic steps less complicated:

Tax Credits: Companies benefiting from the "Industry 4.0" and "Transition 5.0" tax credits will no longer need to include specific legal references on their invoices. This reduces bureaucracy and the risk of formal errors.

Tax Returns: If a tax return sent online is rejected by the system, the company will not be penalized, provided it resubmits it in time.

The timelines for the payment of certain taxes and the procedures for agreeing with the Revenue Agency (Agenzia delle Entrate) in the event of an assessment are also clarified.

THERMAL ACCOUNT 3.0

Here are the main novelties:

1. More Funds and More People Involved:

The total fund for incentives is 900 million euros per year. Now, Third Sector entities (such as associations or ONLUS) can also access the incentives, on par with public administrations. Not only public buildings, but also private non-residential buildings (such as offices and shops) can receive incentives for energy efficiency interventions.

2. More Interventions Receiving Incentives:

In addition to already established interventions (such as insulation or the installation of heat pumps), incentives will now also be provided for new photovoltaic systems with storage systems and electric vehicle charging stations, provided they are installed together with a new electric heat pump.

3. More Generous Incentives:

On average, the incentive will cover 65% of eligible expenses. In some cases, the incentive can cover up to 100% of expenses, such as for public buildings in small municipalities (up to 15,000 inhabitants), schools, hospitals, and public healthcare facilities.

4. Shared Sustainability:

It will also be possible to access the incentives through Renewable Energy Communities (CER) or other collective self-consumption systems.

In essence, with the Thermal Account 3.0, the government intends to help more citizens and more entities save energy and use renewable sources, making the incentives easier to obtain and more suited to the latest technologies.