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Ballincollig Credit Union
Have you heard about the Home Renovation Incentive Scheme that was introduced in the last budget?
The Home Renovation Incentive Scheme provides for a tax credit of up to €4,050 for homeowners on repair, renovation or improvement work to a principal private residence.
The Home Renovation Incentive (HRI) will be paid in the form of a tax credit at 13.5% of qualifying expenditure, which can be set against your income tax over 2 years.