Documents

Three programmes entailing the construction of new schools/major renovation works; safety improvements of existing schools; small maintenance/décor interventions.

Three programmes entailing the construction of new schools/major renovation works; safety improvements of existing schools; small maintenance/décor interventions.

Tax relief scheme that applies a tax credit of 13.5% to the total cost of repair, renovation and improvements to main homes and rental properties, providing a minimum cost threshold is met. The tax credit equates to a return of the Value Added Tax (VAT) paid to complete eligible types of work.

Reduction of the level of Construction Performance Bonds for use with Public Works Contracts (reduced from a maximum of 25% of the total contract sum to a maximum of 12.5%)

Introduction of Real Estate Investment Trust (REIT) Regime

Government subsidies and loan scheme for the construction or purchase of new or existing housing units for families with children.

Government grant and loan scheme to support and incentivise energy efficient upgrades to residential properties.

Improving the filing of building related documents and information at the planning, construction, operation and contractual stages, the building folder enhances consumer access to housing quality and transparency of the housing market.

Action plan to stimulate and support the large-scale uptake of digital solutions in the construction sector by developing and providing dedicated tools and guidance, as well as awareness-raising initiatives.