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Unlock Italy Decree, VAT cut to 4% for renovations.

The Unlock Italy Decree landed yesterday at the House for general discussion and examination is in full swing today. The highlights of measures modified at the Parliament’s Environment Commission include a VAT cut from 10% to 4% for building renovation works. Renovation works – which already profit from the "ecobonus" pending confirmation for 2015 too, with the Stability Law (50% tax credits for building renovation and 65% for energy efficiency improvement) – will be subject to the 4% VAT rate. To offset the lower collections, a reverse VAT increase is planned (from 4% to 10%) on purchases of new buildings directly from the construction company. In addition to the VAT rate decrease on renovations, IRPEF (personal income tax) also helps the estate market: the 20% IRPEF deduction on the expense for purchasing a home is no longer subject to lease of the property at regulated rent for 8 years. The Unlock Italy Decree landed yesterday at the House for general discussion and examination is in full swing today.  The highlights of measures modified at the Parliament’s Environment Commission include a VAT cut from 10% to 4% for building renovation works.  Renovation works – which already profit from the "ecobonus" pending confirmation for 2015 too, with the Stability Law (50% tax credits for building renovation and 65% for energy efficiency improvement) – will be subject to the 4% VAT rate. To offset the lower collections, a reverse VAT increase is planned (from 4% to 10%) on purchases of new buildings directly from the construction company. In addition to the VAT rate decrease on renovations, IRPEF (personal income tax) also helps the estate market: the 20% IRPEF deduction on the expense for purchasing a home is no longer subject to lease of the property at regulated rent for 8 years.

Newsletter

The first seasonal illnesses are here, worsened by the “stale” air shared in public spaces. It is time to switch to the filtered air by Sabiana’s Crystall.

This month, the prestigious journal The Lancet Respiratory Medicine has published a new article on the topic of domestic pollution, highlighting the need to breathe clean air in enclosed places and describing in detail the elements that contribute to indoor air pollution. The Lancet reports some good news – improving indoor air quality is possible and assures huge health advantages. “Awareness of the threat is the first step,” installing a Crystall filter to solve the problem is the second. This month, the prestigious journal The Lancet Respiratory Medicine has published a new article on the topic of domestic pollution, highlighting the need to breathe clean air in enclosed places and describing in detail the elements that contribute to indoor air pollution.  The Lancet reports some good news – improving indoor air quality is possible and assures huge health advantages. “Awareness of the threat is the first step,” installing a Crystall filter to solve the problem is the second.

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The Padua Botanical Garden has inaugurated the Biodiversity Garden, air-conditioned by Sabiana

After over 450 years, the oldest scientific garden in the world has been renovated, with a project seeking to enhance the existing part and a 15 thousand square metre extension, with five glass and steel greenhouses located within a 100 metre-long glass and steel gallery. Each glasshouse is the perfect reproduction of a climatic region of the plant, from the warmest and most fertile to the most extreme. Thanks to technology, the glasshouses have their own life, as a matter of fact “the building with the glasshouses also behaves like a plant. In other words, it purifies air, generates energy and holds water,” says architect Giorgio Strapazzon of the firm VS Associati, which developed the project for the new Botanical Garden. For air conditioning of the whole glasshouse building, the firm VS Associati has opted for the prestige and quality of products made by Sabiana, which supplied its Helios and Comfort air heaters, constructed according to criteria of sturdiness and safety and with a keen eye for design as always. The new garden will be one of the peak achievements showcased at the Italy Pavilion of Expo 2015. After over 450 years, the oldest scientific garden in the world has been renovated, with a project seeking to enhance the existing part and a 15 thousand square metre extension, with five glass and steel greenhouses located within a 100 metre-long glass and steel gallery. Each glasshouse is the perfect reproduction of a climatic region of the plant, from the warmest and most fertile to the most extreme. Thanks to technology, the glasshouses have their own life, as a matter of fact “the building with the glasshouses also behaves like a plant. In other words, it purifies air, generates energy and holds water,” says architect Giorgio Strapazzon of the firm VS Associati, which developed the project for the new Botanical Garden.  For air conditioning of the whole glasshouse building, the firm VS Associati has opted for the prestige and quality of products made by Sabiana, which supplied its Helios and Comfort air heaters, constructed according to criteria of sturdiness and safety and with a keen eye for design as always.  The new garden will be one of the peak achievements showcased at the Italy Pavilion of Expo 2015.

Newsletter

Environmental Annex Bill: all investments are for the green economy.

A few days ago the Environment Commission of the Lower House approved the objectives set out in the Environmental Annex to the Stability Law: energy efficiency, fight against illegal building and green contracts. The objectives of the newly established “Italian Fund for Green Communities SGR Investments” – funded for one billion Euro by the Cassa depositi e prestiti (Deposit and Loan Bank) and by the Ministry for Economy and Finance – include protection of the quality of life, environment and territory by supporting redevelopment of the building stock for residential, services or hospitality purposes, to enhance the value of buildings and hamlets having a historical and heritage value. The approved text calls for prioritising and incentivising projects that certify energy efficiency, water management sustainability, internal respiratory, thermal, acoustic and visual wellbeing, harmony between buildings and setting, use of sustainable materials, respect for the building’s historical and heritage value. Draft Decree A few days ago the Environment Commission of the Lower House approved the objectives set out in the Environmental Annex to the Stability Law: energy efficiency, fight against illegal building and green contracts.  The objectives of the newly established “Italian Fund for Green Communities SGR Investments” – funded for one billion Euro by the Cassa depositi e prestiti (Deposit and Loan Bank) and by the Ministry for Economy and Finance – include protection of the quality of life, environment and territory by supporting redevelopment of the building stock for residential, services or hospitality purposes, to enhance the value of buildings and hamlets having a historical and heritage value.  The approved text calls for prioritising and incentivising projects that certify energy efficiency, water management sustainability, internal respiratory, thermal, acoustic and visual wellbeing, harmony between buildings and setting, use of sustainable materials, respect for the building’s historical and heritage value.  Draft Decree