Property Tax Relief
Living City Initiative Relief
The Living City Initiative (LCI) is a tax incentive scheme for Special Regeneration Areas (SRA) in:
- Cork
- Dublin
- Galway
- Kilkenny
- Limerick
- 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
Any queries on the above give me a call on 091 763817 or email me at oliver@taxreturnhelp.ie