Relief from DIRT on savings used by first time buyers towards the deposit on a home was introduced from 14 October 2014. The estimated cost of the relief at the time of the Budget was €2.8m per year based on an estimate of 9,500 first time buyers.
I am advised by the Revenue Commissioners that they are currently planning the development of an online system to allow taxpayers claim their refund. It is envisaged that the claim system and relevant guidance will be made available in the first half of this year.