Centodieci

edited 12 February at 12:50PM in In my home (includes DIY) MoneySaving
3 replies 173 views
GDB2222GDB2222 Forumite
23.2K Posts
Part of the Furniture 10,000 Posts Name Dropper
Forumite

“The eco-bonus — or “centodieci” (110) as it’s known in Italy — is a government incentive that allows home owners who improve the energy efficiency of their homes or make them more earthquake-proof to claim back 110 per cent of the costs. The initiative has been so popular that pretty much every builder in Italy is busy with that, and other works have stalled.”  

Who could possibly have guessed that would happen? :)





No reliance should be placed on the above! Absolutely none, do you hear?

Replies

  • GangaGanga Forumite
    3.6K Posts
    Tenth Anniversary 1,000 Posts Name Dropper
    Forumite
    Not in the EEC surely !!
    ITS NOT EASY TO GET EVERYTHING WRONG ,I HAVE TO WORK HARD TO DO IT!
  • BUFFBUFF Forumite
    2K Posts
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Forumite
    I used to work for an upmarket Italian bathroom company once upon a time. Possibly different now but then in Italy home improvements not only attracted a lower rate of VAT but were tax-deductible (had to explain that the UK did not do this to the Italian management who were disappointed at UK sales figures. Similarly, the Italians would quote home ownership stats for the various markets & we would explain that people who had bought their ex-council houses for less than the RRP of some of the companies baths, showers etc. were unlikely prospects  :p
  • Eldi_DosEldi_Dos Forumite
    934 Posts
    500 Posts Third Anniversary Name Dropper
    Forumite
    This thread reminded me that it is not a unusual sight in some parts of the eastern med to see lovely properties with unfinished concrete columns with re-bars sticking out the top. When I asked about this was told it was to save paying taxes as property was not finished and if any grants had been made they did not need to be repaid until it was finished.
Sign In or Register to comment.
Latest MSE News and Guides

Did you know there's an MSE app?

It's free & available on iOS & Android

MSE App

Regifting: good idea or not?

Add your two cents to the discussion

MSE Forum

Energy Price Guarantee calculator

How much you'll likely pay from April

MSE Tools