Standard rated tax relief will be available on expenditure up to €10,000 on a list of approved works. The total relief available under the scheme in any one tax year will be €30 million which would allow for remedial works to be carried out on a minimum of 15,000 homes. Contractors employed to complete the work must be registered with the Revenue Commissioners. This incentive, together with the proposed changes in relevant contracts tax will support construction businesses operating in the legitimate economy. Full details of the new incentive will be provided in the Finance Bill.

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