the Revenue Commissioners asked us to let you know that they have new information available on the Home Renovation Incentive (HRI).
A “Guide for Homeowners” on the HRI has been posted to the Revenue website – http://www.revenue.ie/en/tax/it/reliefs/hri/home-renovation-incentive-guide.pdf.
The “Frequently Asked Questions” pages have also been updated – http://www.revenue.ie/en/tax/it/reliefs/hri/index.html.
The Home Renovation Incentive (HRI) scheme, will run from 25 October 2013 to 31 December 2015. 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.
These pages will continue to be updated as questions arise.
January 8th 2014
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