Tax refunds of up to €4,050 or 13.5% of the cost of the project are available on a wide range of home improvements under the new Home Renovation Incentive Scheme which ends this December.
The scheme allows home owners claim a credit on the tax liability of up to 13.5% of the cost of the project up to a limit of €30,000.
Projects that qualify for the scheme include:
• Painting and decorating
• Bathroom upgrades
• Fitted Kitchens
• Window replacement
• Attic conversions
• Septic tanks
You must use a qualifying contractor who is in tax compliant and certain other conditions apply.
Come along and talk to the experts from the Revenue Commissioners on their stand No.N82 about the Home Renovation Incentive Scheme and how you can save tax on your home improvement project.
First Time Buyer – Help to Buy Scheme
The Revenue Commissioners will be in the First Time Buyers Advice Centre to answer your questions about the Help to Buy Scheme. They will also be giving talks in the RIAI Build and Extend Theatre and are available on their Stand No. K45
Better Energy Homes – Grants
The Better Energy Home Scheme, administered by the Sustainable Energy Authority of Ireland, provides grants of up to €4,500 to homeowners to upgrade their homes with energy efficiency measures, thus reducing energy use, costs and greenhouse gas emissions.
SEAI – The Sustainable Energy Authority of Ireland are providing advice on energy saving and home energy grants on stand S30.
Grants are provided for the following upgrade works done to any home built before 2006:
- Roof insulation
- Wall insulation
- Boiler and heating control upgrades
- Solar panels