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Irish Revenue Issues New Guidance on Enhanced Deduction for Eligible Construction Expenditure

|Approved Changes|Ireland
Ireland

Irish Revenue has issued eBrief No. 013/26, concerning new guidance on the enhanced deduction for eligible construction expenditure introduced as part of the Finance Act 2025. The enhanced deduction is equal to 125% (additional 25%) of qualifying costs for the construction of qualifying apartment blocks, up to a maximum additional deduction of EUR 50,000 per apartment unit. A qualifying apartm…