Landscaping work qualifies for the Home Renovation Incentive Scheme

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The Home Renovation Incentive scheme runs from 25th October 2013 to 31st December 2015 and provides for tax relief for homeowners by way of a tax credit at 13.5% of qualifying expenditure incurred on repair, renovation or improvement work carried out on a principal private residence including its garden or grounds of an ornamental nature. The minimum expenditure must be €5,000 ex VAT and relief will be granted on qualifying expenditure up to a maximum of €30,000 excl VAT. Relief will be granted by way of tax credit split over two years following the year in which the works are carried out. The scheme will run from 25th October 2013 to 31st December 2015. Works carried out in 2013 will be deemed to have taken place in 2014 and the credit will be awarded in 2015 and 2016.

To find out more on HRI scheme please contact us.