Tax credit for the requalification of hotel facilities

From 10 am on 3 April 2019 until 4 pm on 4 April 2019 it will be possible to apply for the recognition of the tax credit for the redevelopment of hotel facilities with reference to the expenses incurred in 2018.

The application must be submitted in electronic form through the Procedures Portal at this link , after registering and completing it on the same Portal from 10 am on 21 February 2019 until 4 pm on 21 March 2019.

The tax credit was introduced originally with exclusive reference to the expenses incurred in the 2014-2015-2016 tax years by Law 29 July 2014 n. 106, and subsequently made operational by the implementing decree signed by the Minister of Cultural Heritage and Tourism in concert with the Minister of Economy and Finance, the Ministry of Economic Development and the Ministry of Infrastructure and Transport on 7 May 2015.

Law 11 December 2016 n. 232 subsequently reconfirmed this facility also for the 2017 and 2018 tax periods, simultaneously increasing the credit amount. This in fact for the two-year period 2017-2018 is recognized to the extent of 65% (instead of the original 30%) of the amount of redevelopment costs incurred by:

  • Hotels
  • Resorts
  • Hotel-type tourist residences 
  • «Alberghi diffusi»
  • Facilities identified as hotels based on specific regional regulations

which provide accommodation and possibly board and other ancillary services, consisting of no less than seven rooms for guests and already existing on 1 January 2012. In addition, for the two-year period 2017–2018 the facilitation is also extended to:

  • Holiday farms
  • Spas

The expenses involved are those incurred for building renovation interventions, on condition that they also have the purpose of increasing energy efficiency or antiseismic requalification. The facilitation is also recognized for the purchase of furniture and furnishing components intended for accommodation facilities, provided that the beneficiary does not give the assets to third parties or destinies them for purposes unrelated to the business activity before the eighth subsequent tax period.

The eligible expenses must be certified by a qualified professional.

The credit will be recognized for a maximum amount of Euro 200,000, corresponding to a maximum facilitated expenditure in the two-year period 2017-2018 of Euro 307,692.30; it must be divided into two equal annual installments and may only be used to offset other taxes using F24 form.

The benefit is alternative and not cumulative, in relation to the same expense items, with other tax benefits in force at the issuing of the Ministerial Decree 7 May 2015 (as the deduction for energy redevelopment works), while it is cumulative with the so-called “super-depreciation”.

Applications admitted to the facility will be published on the website of the Ministry of Cultural Heritage and Activities and Tourism; the tax credit is recognized according to the chronological order in which the applications are presented and until the maximum amount of the annual financial allocation is exhausted.