The 1999 Urban Renewal Scheme provides for extensive tax incentives for refurbishment works and new construction works on existing houses in Ballymun. The house must act as the main residence of the person claiming the tax relief and must be used solely as a dwelling. That means it cannot be used for any business purposes. Anyone who is renting their home from Dublin Corporation cannot apply for tax incentives under the scheme, but a tenant purchaser is eligible. 1144 and this web site will be updated again when the information brouchure is printed and ready for distribution.
Tax relief is granted at the individual's highest rate of tax.
It can be given either by increasing an individual's tax-free allowance during the year or by repayment of tax at the end of the tax year. Where the individual is self-employed the tax relief will be given in the annual tax assessment. Refurbishment works include works necessary for the purposes of ensuring the suitability of a house as a dwelling. This includes all necessary structural works such as re-roofing, insulation of attic walls, replacement of timber cladding to houses and gutter replacement. It also includes works such as the upgrading of windows and central heating, as well as bathroom and kitchen refurbishment.