Archive for “August, 2013”

Using Synthetic Grass In Ireland

Using Synthetic Grass In Ireland

Synthetic Grass is a surface of synthetic fibers made to look like natural grass. It is most often used in arenas for sports that were originally or are normally played on grass. However, it is now being used on residential lawns and commercial applications as well. The main reason is maintenance—artificial turf stands up to heavy use, such as in sports, and requires no irrigation or trimming.

Synthetic Grass has of recent years become more almost indistinguishable from natural sod, due to different tones now incorporated in each synthetic blade of grass. It is most suited for applications in Ireland where you require a dry surface all year around for the kids, battle with mucky conditions in the winder months. Synthetic grass can also be cleaned using domestic cleaners, which lends itself to being a very clean and child friendly environment, especially if animals are about also.

2014 Home Improvement Scheme

2014 Home Improvement Scheme

Finance (No 2) Bill 2013 provides for a Home Renovation Incentive (HRI) scheme, which will run from 25 October 2013 to 31 December 2015. The Incentive provides for tax relief for Homeowners by way of an Income Tax credit at 13.5% of qualifying expenditure on repair, renovation or improvement works carried out on a main home by qualifying Contractors.

Qualifying expenditure is expenditure subject to the 13.5% VAT rate.

The works must cost a minimum of €4,405 (before VAT), which will attract a credit of €595. Where the cost of the works exceeds €30,000 (before VAT), a maximum credit of €4,050 will apply.

The credit is payable over the two years following the year in which the work is carried out and paid for. 2015 will be the first year for HRI tax credits.

The works must be carried out on or after 25 October 2013 and up to 31 December 2015. Homeowners must be Local Property Tax compliant in order to qualify under the Incentive while Contractors must be VAT registered and tax compliant in order to qualify to carry out works under the HRI.