Cork County and City Council Housing Aid For Older People
The Housing Aid for Older People Scheme is available to assist people generally aged 66 or over, living in poor housing conditions, to have necessary repairs or improvements carried out. The types of works grant aided under the Scheme include re-roofing, re-wiring and the provision of central heating (where none exists).
The maximum grant available is €8,000 which may cover 95% of the approved cost of works to those with annual household incomes of less than €30,000 tapering to 30% for those with annual household incomes of €60,000. Applications will be prioritised on the basis of the type of work to be undertaken and on the urgency and necessity of the identified works.
Home Renovation Incentive
The Home Renovation Incentive 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. It was introduced for homeowners in October 2013 and was extended to landlords in October 2014.
The Home Renovation Incentive (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).
In general, qualifying work must be done between 25 October 2013 and 31 December 2015 (for homeowners) and between 15 October 2014 and 31 December 2015 (for landlords).