I took out a loan about 2 years ago to have decking, fencing and gates erected at my home. Can I claim TRS on this loan and how do I go about doing so? Any help would be appreciated.
you can only claim TRS on loans that are secured on your home, however you may be able to claim tax relief via a form 12 on the interest paid on this loan as it relates to your home. as it is gardening etc and not the actual physical property it may be advisable to contact the revenue to confirm interest relief is allowable on this but im sure it probably would be.