Many better-off households are likely to lose their eligibility for the long-standing system of tax credits for eco-friendly home improvements and renovations next year – so if affected you may want to undertake work while 2019 lasts.
At present, the tax credits are not means-tested but it is expected that higher-income households will no longer benefit from next year.
Levels set where exclusion would begin are €27,706 a year for a single person and €44,124 for a couple.
The planned changes are part of 2020’s finance law, which has not yet been finalised.
Many types of installation currently attract a 30% tax credit subject to set levels and ...
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