garden room exterior

“Home Renovation Incentive Scheme”

"Tax Incentive 13.5% vat back over 2 years"

There is still time to reclaim the VAT on your Pod Factory Garden Room POD through the Government’s Home Renovation Incentive Scheme (HRI) the Home Renovation Scheme is ending on the 31st December 2018 and so we require your application by October 2018.

The HRI scheme enables homeowners or landlords to claim tax relief on repairs, renovations or improvement work that is carried out on their main home or rental property by tax-compliant contractors and that is subject to 13.5% VAT.

To qualify for the HRI as an owner-occupier, the work must be carried out on your principal private residence, so the Garden room PODS need to be part of your principle residence. Landlords can also qualify in respect of work done on their rental properties – so if you are purchasing a garden room as a rental property whether you are a homeowner or a landlord, you must be up to date with your Local Property Tax obligations, and you must be paying income tax – whether under PAYE or self-assessment – to avail of the HRI.

The HRI is 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. This effectively reduces the rate of VAT to zero on qualifying work, up to a value of €30,000. The maximum Incentive is therefore €4,050. The work must be done by a qualifying contractor in order to claim back the money.

Please note that In order to qualify for the HRI, the following need apply:

  • The work must be done between 25 October 2013 and 31 December 2018 for homeowners, and between 15 October 2014 and 31 December 2018 for landlords.
  • In order to be compliant any contractor that you use must be registered for VAT in Ireland and be tax-compliant. The Pod Factory complies with these requirements.
  • The POD Factory will enter the details of the works completed and payments received onto the Revenue Online System each time you make a payment.

Before any work begins, you should:

  • tell the contractor that you will be applying for the HRI Tax Credit
  • ask the contractor to confirm that the they are a qualifying contractor under the scheme
  • ask the contractor to enter the details of the work through HRI online
  • give your contractor details of your Property ID (your Property ID is included on your Local Property Tax (LPT) letters from Revenue)
  • tell the contractor if it is a rental property.

The contractor must then enter the details of the work through HRI online. It is up to you to confirm that the contractor has done this before the work begins. They must also enter payment details as you make them.

To claim the HRI credit, you would need to use the HRI online system, which you access through Revenue’s myAccount service or through the Revenue Online Service (ROS).

For more information you can download the HRI summary provided by Revenue.ie.

garden room exterior
Steel frame pods
The pod factory
MFC Steel Frame Construction
Airtightness Membrane
External Rigid Insulation
Cedar Wood Cladding
Coloured Rain screen
Coloured Render system
Double glazed aluminium Windows & doors
garden room shower and toilet
garden room basin