Dáil Éireann Debate, Tuesday - 22 March 2016
529. Deputy Brendan Griffin asked the Minister for the Environment, Community and Local Government his views on this Deputy's proposal entitled the rental renovation scheme, which was previously sent to him and which aims to incentivise the renovation of derelict properties to make them available for rental; and if he will make a statement on the matter. [5033/16]
View answerThis proposal is currently under consideration by my Department and a full response will be provided shortly. In the meantime, tax relief is available for homeowners and landlords under the Home Renovation Incentive (HRI) which provides an income tax credit at 13.5% of qualifying expenditure on repair, renovation, or improvement works. The HRI is intended as a support for homeowners or landlords who engage only tax compliant contractors to carry out qualifying work. Further information is available at www.revenue.ie.
