No, white goods etc wouldn’t count.
The original kitchen wouldn’t need to be still there.
For example, I could spend €25k on a new kitchen in 2005 and again in 2020.
You could, but it won't necessarily all be deductible.
Section 552 allows
"expenditure which adds to the value of the asset and which is reflected in the state or nature of the asset at the time of disposal"
On that basis, the kitchen from 2005, to the extent that it's been pulled out and replaced in 2020, won't be deductible.
Strictly speaking.
Indexation relief applies to the cost of enhancing the value of the property.A new question in relation to Capital Gains Tax on disposal of second home. I have read on auctioneera.ie that costs incurred on upgrading property can be indexed up to reflect present day cost at time of sale. Is this correct?
I don't see why not.Can I simply add these to the basic cost of the house in "Purchase price" in my CGT calculation?
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