I know you can claim for wear & tear at 12.5% for 8 years on a investment house which is been rented out , So say if my furnitures,fittings cost 10K, and I sell up after 4 years, can I calculate 4 x 25% .
I'm NOT tax advisor but as far as I know you write off 12.5% each year and then the balance is written off in one go:
Fit out €10000
W&T @ 12.5% € 1250
TWDV 31/12/04 € 8750
W&T @ 12.5% € 1250
TWDV 21/12/05 € 6500
W&T @ 12.5% € 1250
TWDV 31/12/06 € 5250 - Balance to be written of against CGT as far as I know.
A rough estimate but do get professional advise