By Roofers Dublin 086 3836368

01/03/2014 VAT reclaimable on Building Work up to the value of €30000 should you use Touchwood Builders, as per Government Budget details. ‘The Home Renovation Incentive gives people a tax relief on any building work carried out in their home. The credit will be calculated at a rate of 13.5% on all qualifying expenditure over €5,000 up to a maximum of €30,000. Qualifying works include extensions and renovations to the home, window-fitting, plumbing, tiling and plastering. This incentive will support fully tax compliant builders. The Warmer Homes scheme has been extended and is an opportunity for both home-owners and builders to take an advantage of. Home is the first place people want to spend money on, and now is a good time to do it.