Housing

Both minor and major renovation projects are more likely to be successful when you

• plan the work in advance
• use professional assistance in planning the project if necessary
• prepare a realistic cost estimate
• chart out the financial aspects and your right to tax credit for domestic costs and other subsidies
• find out what permits are needed, acquire them from the building supervision authorities and notify the housing company
• request proposals from several renovation service providers or contractors
• find a reliable professional
• prepare a written agreement for the renovation work

Financial assistance may be available for renovation work

Find out whether you are entitled to financial assistance before you begin renovation work. For example, you may be eligible for

• subsidies granted for renovating housing for the elderly and handicapped.
• tax credit for domestic costs. If you want to receive tax credit for domestic costs, the company doing the renovation work must be registered in the prepayment register maintained by tax authorities. Information on whether a company is registered in the prepayment register is available on the shared company information system maintained by the National Board of Patents and Registration and the tax administration.