Home renovation scheme
Home renovation scheme
You can obtain an income tax credit of 13.5% of qualifying improvements to your home or a rental property.
This is equivalent to vat on the job
The credit is paid over 2 years following the year in which the work was carried out.
The annual minimum qualifying expenditure is €5,000 and maximum is €30,000.
To get the credit your local property tax is up to date and the contractor must be tax compliant
Any queries on same give me a call on 091 763817 or email me at oliver@taxreturnhelp.ie