Furniture Bonus

Are you renovating your home? You're also entitled to a 50% tax deduction for the purchase of furniture and furnishings.

Incentives for furniture purchases fall under the scope of building renovations, so the expense must be incurred as an integral part of a building renovation.

Purchases of furniture and appliances will be eligible for the tax deduction if made by December 31, 2026.

The deductible expense for the purchase of furniture and furnishings has been increased to €5,000.

The tax authorities will reimburse 50% of the amount in 10 annual installments.

Purchases must be documented with receipts and paid by bank transfer, not in cash.

The purchased furniture must be used to furnish the property being renovated.

The tax deduction is applied when filing the tax return on the gross tax due.

The purchase of furniture of a new home cannot be deducted from taxes. The provision of the decree on bonuses (for further information consult the full text of the D.L. 63/2013 on the Official Journal website) specifies that it is 50% tax relief is available up to a maximum expenditure of €5,000 for furniture intended to furnish a property undergoing renovation.

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