Mount Armstrong, Donadea, Naas, Co. Kildare, Ireland

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The following excerpt is taken from their brochure, and we can help.

The amount of your HRI tax credit depends on the amount you spend on qualifying works. You need to spend over €4,405 (before VAT) on the property to qualify for the HRI tax credit. This €4,405 (before VAT) can be the total from any number of jobs on the property, carried out and paid for from 25 October 2013 to 31 December 2015 for Homeowners and from 15 October 2014 to 31 December 2015 for Landlords. You can spend as much as you like on the property but you can only claim the HRI tax credit on amounts up to €30,000 (before VAT) (see section 9).

If there are no grants or insurance claims, the lowest HRI tax credit amount is €595 per property (€4,405 at 13.5%) and the highest HRI tax credit is €4,050 per property (€30,000 at 13.5%) (see section 14). For example, if you paid €3,800 (before VAT) to a HRI qualifying electrician for rewiring your home or rental property and €800 (before VAT) to a HRI qualifying painter for painting work on your home or rental property, your HRI tax credit is €4,600 x 13.5% = €621.

2015 will be the first year for HRI tax credits for Homeowners.
2016 will be the first year for Landlords. Your HRI tax credit will be included in your tax credits over two years, starting the year 1
after the work is carried out and paid for. If you are on PAYE, the HRI tax credit will be spread evenly throughout the two years
(see sections 15 and 16).


To see the information on the Revenu site click here, it opens into a new window:

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