Green Bonus: who is eligible and how it works

The 2021 Green Bonus for gardens, terraces, and balconies is the new tax deduction introduced by the 2021 Budget Law.

What does it involve?

It consists of a deduction for those who incur expenses for the landscaping of open areas belonging to private residential units of any kind, such as terraces, gardens, and balconies, including those in condominiums.

Therefore, from January 1, 2021, all citizens who incur expenses for landscaping and the restoration of historic greenery can benefit from a tax deduction equal to 36%.

The total deduction amount due must be divided into 10 equal annual installments to be deducted from taxes, and the expenses incurred must be paid via the so-called "traceable bank transfer".

Based on the latest updates, the green bonus is not tied to the individual but to the property: therefore, if you own two properties on which you wish to carry out eligible works under the new bonus, you can combine the two deductions, thus allowing you to deduct 36% of 5,000 euros for each property.

What does the 2021 Green Bonus cover?

The new 2021 Green Bonus is available to private individuals and condominiums that incur expenses for:

• landscaping: gardens, terraces, and balconies, including those in condominiums;
• restoration of greenery in historic gardens.
• supply of plants or shrubs;
• lawn redevelopment;
• works and interventions to transform an uncultivated area into flowerbeds and small lawns; official confirmation is still pending;
• design and maintenance expenses related to the execution of the works.

According to government estimates, these works will mainly concern villas, small villas, and luxury buildings, but also ordinary condominiums.