Home renovation scheme - lots of contractors

Kagawa

Hi,

I'm currently renovating a house I recently bought, I'm buying the materials myself and organising the contractors then. My question is can I claim the HRS grant, I think in order to qualify the contractor should do everything and then bill me. But this seems odd as this is not the way people normally do small jobs on their home. I'm sure I'll meet the minimum amount over the year as I'm putting in new bathrooms, doors, alarm, floors etc. I'm buying all the materials and then organising the plumbers, tilers etc.

Any advice that anyone has would be greatly appreciated. TIA

Sleeper12

Kagawa wrote: »

Hi,

I'm currently renovating a house I recently bought, I'm buying the materials myself and organising the contractors then. My question is can I claim the HRS grant, I think in order to qualify the contractor should do everything and then bill me. But this seems odd as this is not the way people normally do small jobs on their home. I'm sure I'll meet the minimum amount over the year as I'm putting in new bathrooms, doors, alarm, floors etc. I'm buying all the materials and then organising the plumbers, tilers etc.

Any advice that anyone has would be greatly appreciated. TIA

The usual way people get jobs done in their home is to get the tradesman to supply & fit. It usually works out cheaper that way. Also usually the stuff the tradesman supplies is of a better quality than what you might buy in Woodies.
Another thing you should know that you have no comeback with the tradesman if a part fails under warranty if he hasn't supplied the product. You buy a bath mixer set & plumber charges you €140 to install it. Mixer set fails 6 months later so it's under warranty. The plumber doesn't have to remove the faulty mixer & install the new one. The shop you bought it from will only replace the mixer. You might find that the plumber wants to be paid for fitting the second mixer as he didn't supply it.

If the tradesman supplies the goods he has paid 23% vat but only charges you 13.5% vat. All you can claim back on the scheme is 13.5% You are loosing 9% by buying the materials yourself

All the tradesmen you are using have to be fully tax complaint, be vat registered & be registered with Revenue Home renovation scheme. Not all tax complaint tradesmen are registered for this scheme. They should have given you a copy of their Tax Clearance Certificate before works starts.
Details of the work

For you to be able to claim the HRI credit, your contractor(s) must enter details of the work on the HRI online administration system. This system is only accessible to contractors who are registered for VAT and are tax-compliant.


Checklist

You should also:

• Ensure that you have paid or arranged to pay any Local Property Tax (LPT) that is due
• Check that your contractor has a VAT number and is tax-compliant
• Ensure that the work qualifies – see 'Qualifying work' above
• If you are a local authority tenant, get written authorisation from the local authority before getting any work done
• Keep all supporting documentation – tax clearance certificates, estimates, receipts etc.
• Give the contractor the LPT Property ID of your property but not your LPT PIN or your Personal Public Service Number

You should have a good read of http://www.citizensinformation.ie/en/housing/housing_grants_and_schemes/home_renovation_incentive.html