Asbestos removal bonus, how to obtain reimbursement of remediation costs

Can an area be reclaimed with the asbestos removal bonus and how much is the obtainable contribution? Although asbestos is no longer usable, in Italy it is still present in many sites.
Unfortunately, the removal and disposal of asbestos are expensive operations, but important help can come from tax deductions which allow you to obtain up to 50% of the expense incurred.
The Revenue Agency provides important clarifications in this regard in a response to a taxpayer left on the FiscoOggi website.
Let's see in detail how much can be obtained with the deduction for asbestos removal.
Why is the asbestos removal bonus recognized? Asbestos is a material widely used in the past for the construction of warehouses, industries, but also for the roofs of civilian homes and for trains.
The reason for this massive use is the affordability of the product and the high thermal insulation.
It seemed like the economical and versatile solution to many problems.
The subsequent ban on asbestos installation was due to the problems caused to human health.
The danger, however, is closely related to the flaking of asbestos, the fibers of which can severely damage the lungs, causing mesothelioma, a rare cancer that affects the membranes that line the chest.
Inhaled asbestos fibers can also cause lung, laryngeal and ovarian cancers.
Despite the clear danger, in Italy there is no obligation to remove asbestos precisely because the danger is linked only to the flaking of the fibres.
It follows that the costs for removal and voluntary disposal remain the responsibility of the owners.
Generally the price of disposal is around 20-25 euros per square metre.
The price may increase if it is also necessary to proceed with encapsulation, i.e.
when the fibers are damaged, the risk of "contamination" is high and therefore for safe removal and disposal it is necessary to proceed with encapsulation.
Encapsulation alone can cost up to 35 euros per square meter.
Then there are the subsequent site cleaning operations which must be carried out by specialized personnel.
It is estimated that in Italy there are still 40 million tonnes of potentially dangerous asbestos.
For owners who want to remove it there are strict rules to respect.
Removal must be carried out by authorized companies that adopt strict protocols to avoid damage and consequent damage to health.
This is why the tax deductions provided for the removal and disposal of asbestos are very interesting.
What deductions for asbestos removal? The clarifications regarding the disposal of asbestos come directly from the Revenue Agency which responds to a taxpayer who asks I would like to know if the costs for the removal and replacement of asbestos from a unit forming part of the newly purchased main residence are deductible.
The Agency specifies that the deductibility from income taxes of the expenditure incurred for the abatement of asbestos is confirmed.
Article 16-bis, paragraph 1, letter l of the TUIR applies.
He underlines that the deduction is also available if the asbestos abatement is not related to further building interventions.
We remind you that the article in question provides for the possibility of obtaining 50% of the expenditure incurred on a maximum amount of 96,000 euros.
Also in this case the transfer of credit and invoice discount is blocked, therefore you can only obtain the deductions related to your tax capacity.
However, the rules on the Superbonus do not apply as the removal of asbestos cannot be considered an energy efficiency intervention.
read also Transfer of credit, with the new decree the block is retroactive How to obtain the asbestos bonus for asbestos removal and disposal To obtain tax deductions for the removal of asbestos it is necessary to pay attention to the payment which must be made with traceable instruments, for example example a bank transfer.
Payment cannot be made in cash.
As regards the reason, it is necessary to indicate "bank transfer for deductions provided for by article 16-bis of Presidential Decree 917/1986".
The tax code of the person making the transfer must coincide with the beneficiary of the tax deduction.
When completing form 730/2024, the deductions for expenses relating to the deduction of asbestos must be indicated in table E, line E41 «expenses for recovery interventions on the building heritage.» read also Deductions 730/2024: the complete list of expenses that can be downloaded