Derek McDowell
Question:173 Mr. McDowell asked the Minister for Finance if he will consider extending the married rent allowance to widows and widowers; and if he will make a statement on the matter. [14256/01]
Written Answers - Tax Reliefs.
Section 473 of the Taxes Consolidation Act, 1997, provides tax relief, at the standard rate, to individuals for rent paid for private rented accommodation which is their sole or main residence. The level of rent qualifying for relief under section 473 depends on an individual's martial status and age. In relation to age, the relief is divided into two groups; those aged under 55 years and those aged 55 years and over.
Prior to this year's Finance Act, the amount of rent paid on which relief could be claimed depended on whether an individual was single, widowed or married. However, in this year's Finance Act, those individuals who are widowed will be entitled to claim tax relief on the same amount of rent paid as married individuals. The following table sets out the tax credit for rent paid by age and marital status for a full year:
|
Under 55's |
55 and Over |
|
|
Single |
£200 |
£400 |
|
Widowed/Married |
£400 |
£800 |