Even in 2023 will be available on young rent bonus. This is the economic contribution, as envisaged by the Budget Law, intended for young people with low incomes in order to reduce the costs of renting a house or a room intended for residence. However, the bonus is not for everyone. There are age restrictions and some income requirements to meet. But how does it work? How can you get the 2023 youth rental bonus? Here she is guide complete to access the contribution.
Young rent bonus 2023, how does it work?
The contribution is given only for single homes or apartments where the residence is transferred, in this way a deduction equal to 20% of the rental costs is obtained for the first 4 years of validity of the contract, within the limit of 2.000 euros per year.
However, the bonus excludes between some properties with particular characteristics, belonging to particular and specific cadastral categories, including: all category dwellings: A/1, A/8 and A/9, or the luxury properties. But also public residential housing and housing that is intended for exclusively tourist purposes.
Who is entitled to the 2023 youth rental bonus?
Young people between the ages of 20 and 31 (not completed) can apply for the bonus. And they must meet specific income requirements.
You must have a total income that does not exceed i 15.493,71 €, subsequently it is necessary to stipulate a lease contract for the whole real estate unit or for a part of it which must then become the main residence where to insert the place of residence. Finally, you need to pay a rent not less than 991,60 euros per year.
Once the request has been submitted, if all the requirements have been met and the documentation is sufficient to ascertain the conditions, it is possible to obtain a discount on taxes for a maximum amount of 2.000 euros per year.
Rent bonus 2023: how and when to apply online to the Revenue Agency
The request must be made by sending toInland Revenue a specific communication, during the presentation of the tax return, the latter must indicate:
- the data of the property intended for residence;
- all the information on the stipulated rental contract;
- the value of the annual income.
Therefore, it is not possible to have the tax relief if you have zero income and do not present your tax return (to have an Irpef deduction you have to pay the Irpef).
Youth home bonus: other concessions
Remember that in 2023 you can take advantage of under 36 first home bonus, which consists of a tax relief on the taxes to be paid on the sale (cadastral tax, registration tax and mortgage tax). Furthermore, if VAT is applied to the sale, the amount of this will be refunded through a tax credit.
