Am I eligible for a grant on my Intruder alarm installation?
Yes, The Home Renovation Incentive (HRI) is a relief from Income Tax (IT) for homeowners, landlords and local authority tenants. You can claim the HRI Tax Credit for repairs, renovations and improvements to your home or rental property.
Intruder alarms may be used along with other renovations in the Home Renovations Incentive (HRI) Scheme. The Incentive provides for tax relief 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 or rental property by qualifying Contractors. The work must cost a minimum of €4,405 (before VAT) per property, which will attract a credit of €595 per property. Where the cost of the works exceeds €30,000 (before VAT) per property, a maximum credit of €4,050 per property will apply.
Crimewatch Security is an eligible contractor under the scheme and some of our customers have already availed of this grant. For more information on the scheme please follow the link to Revenue.ie http://bit.ly/2tjL83e
Can I get a reduction on my home insurance if I have an alarm?
Yes, many insurance companies will give you a reduction of between 10% – 15% on your annual premium if a professional alarm system, certified to EN 50131-1, is installed. Crimewatch Security is a certified intruder alarm installer and we will issued you with a certificate after your installation to produce to your insurer.