Home Renovation Incentive extended

It was announced in Budget 2017 that the Home Renovation Incentive is to be extended by two years to the 31st of December 2018. This is good news for all homeowners and landlords and is welcomed also by Comfort Solutions Ireland. 

The Home Renovation Incentive (HRI) scheme provides for tax relief for Homeowners and Landlords by way of an Income Tax credit at 13.5% of qualifying expenditure on repair, renovation or improvement works carried out on the Homeowner's main home or on rental properties, by qualifying Contractors.

Comfort Solutions Ireland are a qualifying contractor and are fully tax compliant.

 

Michael Noonen, in his Budget speech on 11th October 2016, announced that the scheme would be extended for two years, an acknowledgment of its success. Mr. Noonan stated "...This improves the quality and often expands the size of their (homeowner's/landlord's) dwelling."

Read more about the scheme by clicking here.