The Home Renovation Incentive 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 homeowner’s only or main residence. Section 5 of the Finance (No. 2) Act 2013 which introduced a new section – Section 477B – into the Taxes Consolidation Act 1997 refers.
A comprehensive manual and other items (PDF, 193KB) on the operation of the Incentive is available on the Revenue website in the Income Tax, Capital Gains Tax and Corporation Tax folder. (Source: Revenue)