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Expenditure on heritage buildings & gardens

Expenditure on heritage buildings & gardens

Expenditure on heritage buildings and gardens

If you incur expenditure on repairing, maintaining or restoring an approved heritage building or garden you can set the expenditure against your income from all sources.

You can also obtain a similar set off up to €6,350 for expenditure on:

a) repairing or maintaining an approved object ( for example picture, sculpture, print, book furniture ) owned by the owner of heritage property

b) installing security alarm for property

c) providing public liability insurance for property

Is it a condition of the relief that the public has reasonable access to the heritage property. It must be open to public for not less than 60 days per year

Subject to additional qualifying conditions

Any queries on same give me a call on 091 763817 or email me at oliver@taxreturnhelp.ie

 

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