Claim €595 to €4,050 back on all home and garden improvements with thanks to the new HRI scheme!
Did you know that right now, with thanks to
the Home Renovation Incentive you
can have the garden of your dreams for a lot less!
The Irish government has just introduced a
new Home Renovation Incentive
allowing you to claim tax relief by
way of a tax credit at 13.5% of
qualifying expenditure on any repair, renovation or improvement work carried
out on a principal private residence.
·
The work must cost a minimum of
€4,405 (exclusive of VAT) which would attract a credit of €595
·
Where the cost of the work is
on or above €30,000 (exclusive of VAT) a maximum credit of €4,050 will apply.
The VAT amount at 13.5% of your overall
cost, up to €30,000 may be reclaimed through your tax returns for the
following 2 years.
This means you can now get back anything from
€595 to a maximum of €4,050 on all
garden/landscape repairs, renovations or improvements!
Why would the
Government give homeowners such an incentive out of the blue?
It is hoped that this scheme will help the
construction trade get back on its feet after the recession and discourage
people from using contractors operating in the “black market” to carry out home
repairs and improvements.
Why choose MonkeyPuzzle
to carry out my garden/landscape repairs, renovations or improvements?
ü Here at MonkeyPuzzle we are a fully tax compliant service provider.
ü We meet and often exceed our customer’s high gardening expectations.
ü Our services are carried out by a team of energetic and highly
experienced staff.
Our team of gardening experts are
passionate about garden design and love to present innovative, budget conscious
and tailored solutions to your outdoor landscaping needs. We will fully
cooperate with and adhere to the guidelines set out in the HRI Scheme.
Call
012897751 or Email
us info@monkeypuzzle.ie for your FREE Quotation today.
Further details on the Home Renovation Incentive are available at:
- www.revenue.ie/en/tax/it/reliefs/hri/hri-general-faqs.html
- www.citizensinformation.ie/en/housing/housing_grants_and_schemes/home_renovation_incentive.html
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