Home Renovation Incentive (HRI)

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***The Home Renovation Incentive has been extended to 31st Dec 2018!!!***

The Home Renovation Incentive (HRI) scheme provides for tax relief for Homeowners and Landlords by way of an Income Tax credit at 13.5% of qualifying expenditure on repair, renovation or improvement works carried out on the Homeowner's main home or on rental properties, by qualifying Contractors.

The amount of the HRI tax credit depends on the amount spent on qualifying works. Tax relief can be claimed on qualifying expenditure over €4,405 (before VAT at 13.5%). While there is no upper limit on expenditure on qualifying works, the tax credit will only be given in relation to a maximum of €30,000 (before VAT at 13.5%).

If there are no grants or insurance claims, the lowest tax credit amount is €595 (€4,405 at 13.5%) and the highest tax credit is €4,050 (€30,000 at 13.5%). The HRI scheme can be claimed in conjunction with other cash grant schemes such as the Better Energy Homes scheme but there are some terms. Please contact us for further information.

The HRI scheme was introduced in 2013 and 2015 saw the first tax credits applied to homeowners. In general, the HRI tax credit will be included in tax credits over two years, starting the year after the work is carried out and paid for. It is important to note that the tax credit will only be applicable to works which are subject to the Lower VAT rate of 13.5%. The HRI scheme was extended in 2014 to include rental properties and in 2016 (Budget 2017) was extended to the of 2018.

For example:
If you paid €8,000 (before VAT) to a VAT registered and tax compliant company for the supply and installation of a wood pellet boiler stove, your tax credit is €8,000 x 13.5% = €1,080. This means that you will effectively save €1,080 on this installation.

Comfort Solutions Ireland, being fully registered and compliant, are a qualifying contractor to carry out works under the HRI scheme. Contact us today for more information or for a quotation on works. If you would like further information on the HRI scheme, please visit the Revenue website by clicking here.

 

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Client Testimonials

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Helen McLoughlin, Ballindine

Cavity Wall & Loft Insulation

I'm delighted with the service from Comfort Solutions! I would have no hesitation in recommending them to friends. My home is now so warm and snug - thanks Fergus

 

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Tom Healy, Ballina

From start to finish my experience of Comfort Solutions has been very good. I found the Company to be first class in particular Fergus McManamon. I am delighted with the final product and I am in no doubt we will see the benefit of it way into the future.

Tom Healy,... Read more

Padraig and Margaret Doyle, Ba

We had external wall insulation installed on our detached bungalow and had an attic insulation upgrade during the summer of 2017. We are very pleased with the results as our house is now much cosier in winter time and holds the heat for much longer after the heating switches off... Read more

Anonymous, Westport

The advice I received from Comfort Solutions was excellent.

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David Prentice, Tourmakeady

External Wall Insulation

Comfort Solutions Ireland have just completed an excellent job on this cottage of ours in Co. Mayo. I can recommend this firm for efficiency and leaving a premises neat and tidy. The result is a much more comfortable holiday home for our family. Read more

Michael Harrington, Westport

From the time we contacted Comfort Solutions, we were very pleased with the service we received. Fergus answered our queries professionally and dealt with all our concerns.

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Eithne O' Malley, Louisburgh

Loft Insulation

We had our attic insulated last year by Comfort Solutions and have been more than happy with the results.

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Matthew Warrington, Claremorri

In 2016 Fergus and his team installed Lunos ventilation systems into various rooms in our house. In the bathroom and en-suites moisture is now automatically removed, while the system in a sitting room provides fresh air. That particular room maintains a good, even temperature.


Additionally, we suffered from water penetration... Read more

Dermot Lavelle, Westport

Cavity Wall & Floor Insulation

I thoroughly recommend Fergus and the team at Comfort Solutions. I recently had a cavity fill and underfloor insulation carried out at my father's house. As he is elderly and living alone, maximising heat conservation while saving on energy bills is of great benefit and it... Read more

Brian Mc Nulty, Wicklow

I had a pellet boiler installed incorrectly and after much searching, came across Comfort Solutions. While they didn't install the boiler initially, they re-installed the boiler correctly and corrected everything. I was not only impressed with the installation, but by the back-up and service afterward. I have no reservation in... Read more