New boiler

me4many

I need to replace the gas heating boiler in a house I own and have rented out.
The reason for replacement is existing boiler is 6/7 years old and has become unreliable . Gas plumber recommends replacement.

A new boiler will cost approx € 1800 fitted.
Q: What part of the €1800 can I claim when doing my tax return ( if any)

Thanks in advance

Valetta

You can claim Wear and Tear (Capital Allowances) at the rate of 12.5% for 8 years.

From Revenue's website http://www.revenue.ie/en/tax/it/leaflets/it70.html#section5

Wear and Tear

Wear and tear allowances are available in respect of capital expenditure incurred on fixtures and fittings (for example, furniture, kitchen appliances, etc) provided by a lessor for the purposes of furnishing rented residential accommodation. The allowances are available only where the expenditure is incurred wholly and exclusively in respect of a house used solely as a dwelling which is, or is to be, let as a furnished house on bona fide commercial terms on the open market. The rate of wear and tear depends on when the capital expenditure was incurred. For expenditure incurred on or after 4 December 2002 the allowance is 12.5% of the expenditure per annum for eight years