Be sure to avail of HRI tax scheme before December 31 cut-off....

THINKING of installing solar panels or making green energy improvements? Then you need to act before December 31 to avail of the Home Renovation Incentive (HRI) tax scheme, which allows for a tax credit of 13.5% of the total cost of repairs, renovations and improvements. Gilroys.ie are specialists in a wide range of solar energy installations for the commercial and domestic sector in Kerry.

The advice from Martin Gilroy - who has over 25 years’ experience in the green energy sector - is to apply now in advance of the December 31 deadline to avail of the HRI scheme. This is the last chance homeowners and landlords will have to apply for the 13.5% tax rate.

Gilroy’s supply a wide range of air conditioning for heating and cooling, air to water heat pumps, underfloor heating, Photovoltaic (PV) and Thermodynamic solar systems - and many other aspect of renewable sources. These professionally installed systems guarantee quality workmanship and can reduce your energy costs by you up to 75%.

“You should get in touch with us and we will do all the admin work related to your application. It’s important that you contact us before the December 31 cut off point for the 13.5%. Unless you’re application is currently in the planning permission stages, you will no longer be able to avail of the HRI scheme after December 31,” said Martin.

The HRI scheme applies to a property that is being repaired or renovated. On each qualifying property you must spend at least €4,405. This figure is before the VAT of 13.5% is added. The total cost can be from one job or from a number of jobs on the property. Any work that you claim for must be done and paid for within the allowed time period of the incentive. You can claim the HRI Tax Credit up to a maximum of €30,000 of your total cost. This figure is before VAT of 13.5% is added.

Martin added: “We provide a full range energy solutions services for our clients. We are available to offer advice on any size project. We are experienced specialists in all forms of Green and renewable energy and heating systems. Be sure to get in touch for more information.”

For more information visit Gilroys.ie or phone: 066 711 5920. Mobile: 087 710 4271.