Living City initiative – tax relief
The Living City Initiative (LCI) is a tax incentive scheme for Special Regeneration Areas (SRA) in Cork, Dublin, Galway, Kilkenny, Limerick and Waterford.
You can claim tax relief for money you spend on refurbishing or converting residential or commercial properties.
There are three types of relief available under the LCI:
- Owner-Occupier Residential Relief.
- Rented Residential (landlord) Relief.
- Commercial Relief.
There are different conditions for claiming relief, depending on whether you refurbish or convert a property for residential or commercial use.
The scheme will end for all reliefs on 4 May 2020. Only refurbishment and conversion work that is carried out during this time will qualify for relief.
Subject to qualifying conditions and criteria