Poll: Will you take advantage of the 'home improvement' tax break?

The new scheme will allow a tax credit of 13.5 per cent for cash spent on renovations priced up to €30,000.

By Daragh Brophy Wednesday 16 Oct 2013, 12:48 PM

Oct 16th 2013, 12:48 PM 11,837 Views 71 Comments

https://jrnl.ie/1132233

Image: tools via Shutterstock

Image: tools via Shutterstock

A NEW PROGRAMME announced by Michael Noonan as part of Budget 2014 will give a tax incentive to householders having work done on their home.

Aimed at getting people to spend money and discouraging cowboy builders, it will allow a tax credit of 13.5 per cent for money spent on renovations priced between €5,000 and €30,000.

Minister Noonan said work like window-fitting, plumbing, tiling and plastering would all qualify under the scheme.

Today we ask: Will the scheme encourage you to invest in your home?

Poll Results:

No. I simply can't afford it. (1293)

It doesn't really apply to me. (1210)

No. I'll still get a better deal 'off the books'. (1074)

Yes. I've been meaning to, and this decides it. (517)

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Poll: Will you take advantage of the 'home improvement' tax break?