I hope I am posting this in the correct forum, but if not, please feel free to move it.
We have just completed refurbishment of a house under the Rural Renewal Scheme and we intend to live in it. I rang the Dept of the Environment in Ballina to enquire about the process in order to arrange an inspection of the property. Basically they come out and inspect the house and tell you how much of the expenditure they will allow for tax purposes. I enquired as to exactly which receipts I should have available and was told to have every receipt for all monies spent and the inspector would look at them all.
Has anyone been through this process and if so, what kind of expenditure was allowed? I presume the builder's costs, plumbing and electrical contractors are allowed? The Department were very vague and I am just trying to get a feel for how much we might expect to be allowed.
Any help would be very much appreciated.
We have just completed refurbishment of a house under the Rural Renewal Scheme and we intend to live in it. I rang the Dept of the Environment in Ballina to enquire about the process in order to arrange an inspection of the property. Basically they come out and inspect the house and tell you how much of the expenditure they will allow for tax purposes. I enquired as to exactly which receipts I should have available and was told to have every receipt for all monies spent and the inspector would look at them all.
Has anyone been through this process and if so, what kind of expenditure was allowed? I presume the builder's costs, plumbing and electrical contractors are allowed? The Department were very vague and I am just trying to get a feel for how much we might expect to be allowed.
Any help would be very much appreciated.