Hotel Capital Allowances

Certification for Hotel Capital Allowances

Hotel Capital Allowance Guidelines

This incentive allowed for a 7-year rate of write off of capital expenditure incurred in the construction/refurbishment of hotel buildings.

The scheme was terminated as of the 4 December 2002 with transitional periods extending to the 31 July 2008. Applicants have been required to initially apply for certification from Fáilte Ireland using a specific form of application (not to be confused with hotel registration). Certification, providing all requirements have been met, can be obtained subsequent to expenditure being incurred.

Projects that commence in their entirety after 31 July 2008 at latest (earlier if certain conditions relating to the securing of planning permission were not fulfilled) revert to the general industrial buildings allowance of 4% per annum.

Further information on the scheme is available at Certification for Capital Allowances on Hotels.  Additional queries should be submitted by email to taxschemes@failteireland.ie

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