Home Renovation Incentive Scheme The Incentive provides for tax relief for Homeowners by way of an Income Tax credit at 13.5% of qualifying expenditure on repair, renovation or improvement works carried out on a main home by qualifying Contractors. Qualifying expenditure is expenditure subject to the 13.5% VAT rate. The works must cost a minimum…
Before an entrepreneur actually commences trading, there would be preparatory, research and marketing expenses that would be incurred. The revenue commissioners allow such expenses that are incurred within 3 years of commencement to be offset against income arising from the new trade.
The following is a list of less obvious medical items which can be claimed once you have a written recommendation from your GP – an exercise bike, computer, orthopedic bed, wheelchair, lifts, hearing aid, glucometer machine, guide dog.
