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Dáil Éireann Debate, Wednesday - 9 November 2016

Wednesday, 9 November 2016

Questions (83)

Martin Heydon

Question:

83. Deputy Martin Heydon asked the Minister for Finance if he will provide a breakdown of the number of first-time buyers per annum who have availed of the deposit interest retention tax refund scheme for first-time buyers since its introduction; the average amount of refund payable for each of those years; and if he will make a statement on the matter. [33947/16]

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Written answers

I am advised by Revenue that applications for refunds of Deposit Interest Retention Tax (DIRT) for first-time buyers who purchase a house or apartment to live in as their home are as follows  (scheme began on 14 October 2014);

 -

Number of applications approved.

Amount refunded

14/10/14-31/12/15

126

€137,241

1/1/16-7/11/16

380

€299,557

Totals to date

506

€436,798

I am also advised that, 102 applications have been refused to date and 80 are currently being processed.

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