HOME RENOVATION INCENTIVE (HRI) SCHEME
Finance (No 2) Act 2013 and Finance Act 2014 provide for a Home Renovation Incentive (HRI) Scheme that provides for tax relief 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 or rental property by qualifying contractors.
We have the necessary experience and expertise to guide both homeowners and landlords through this legislation to maximise their tax situation.