Superbonus 110% construction tax credit wound down

The generous 110% Superbonus tax credit for energy-efficient home renovations — a major driver of Italian construction activity 2020–2023 and a material fiscal cost — was progressively reduced through Law Decree 39/2024. From 1 January 2025, the credit rate drops to 65% for qualifying works in most cases, with earlier rates retained only for narrow categories (villages hit by 2016 earthquakes, some condominium works pre-existing at 17 February 2023).