Sports Bonus 2022: what it is, who is it for, how to apply

Bonus Sport 2022

The 2022 Sport Bonus, introduced by the Budget Law, finally appeared in the Official Gazette a few days ago. Here’s everything you need to know about it.

The new 2022 Sport Bonus is on the way of a tax credit for individuals who incur expenses for adapted physical activity during the year.

Sports Bonus 2022

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To introduce it, was the Budget Law 2022 (Law 234 of 2021 art.1 paragraph 737), but until a few days ago, the implementing decree, which appeared in the Official Gazette on June 16, was missing.

In any case is the decree of 5 May of the Ministry of Finance which defines the methods of implementation of the Bonus.

This, however, should by no means be confused with the Sports Bonus for Business.

In that case it is always a tax credit, but for donations for maintenance and restoration of public sports facilities and for the construction of new public sports facilities. Furthermore, it was limited to individuals with business income.

This case is quite different: we have in fact talked about physical persons and adapted physical activity. What is it specifically about? Here’s everything you need to know about the 2022 Sport Bonus.

Sports Bonus 2022: everything you need to know about it

Let’s start by saying what is meant by adapted physical activity (of which you will often find only the acronym AFA).

Sports Bonus 2022

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In essence, this is the series of exercises that must be carried out periodically those with clinically controlled and stabilized chronic diseases or physical disabilities. Obviously these must necessarily be performed under the supervision of a specialized professional, in non-health facilities, such as gyms and swimming pools with ASL authorization.

In practice, these are “physical exercises, the type and intensity of which are defined by the professional and organizational integration between general practitioners (GPs), pediatricians of free choice (PLS) and medical specialists”.

Which pathologies are included in those requiring adapted physical activity? For example, those that limit mobility, such as osteoarthritis and osteoporosis, or neuromotor disorders, for example those that arise after a stroke or due to Parkinson’s disease.

So in essence, the purpose of the 2022 Sport Bonus is to preserve the autonomy and well-being of the person as much as possible.

We must specify that however, this discount cannot be combined with others relating to the same expenses and that there is a maximum expenditure ceiling that amounts to 1.5 million euros for the year 2022.

The MEF decree of 16.6.2022 established that the tax credit is due to natural persons who, from 1 January 2022 to 31 December 2022, incur documented expenses for the performance of adapted physical activity referred to in article 2, paragraph 1, letter e), Legislative Decree no. 36/2021.

How is the Bonus paid out? Through tax credit, as we have already specified, so it will be enough to indicate these expenses in the tax return relating to the tax period in which the eligible expenses were incurred.

What will happen to any part of the tax credit not used? However, it can be carried over to subsequent tax periods, so it will not be lost at all.

TO how much is this tax credit? It depends, because it will be the Inland Revenue to define the percentage based on the ratio between the sum incurred and the total amount of eligible expenses indicated in the applications.

How send the question? We still do not know specifically, but what is certain is that the Revenue Agency will provide all the instructions within 90 of the publication (therefore by 15 September). At that point we will also know more about the applicable credit percentage.

The 200 euro bonus was also recently introduced and here’s who it is for, how to get it and how it is paid out.

In any case, we just have to wait for new information from the Revenue Agency.

Category: Work and Money
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