Wednesday, 8 May 2019

Questions (168)

Seán Fleming

Question:

168. Deputy Sean Fleming asked the Minister for Finance the number and amount of payments made in each year under the home renovation scheme since it was introduced; the amounts paid out under the scheme; and if he will make a statement on the matter. [19518/19]

View answer

Written answers (Question to Finance)

I am informed by Revenue that monthly statistics on the Home Renovation Incentive (HRI) are published at www.revenue.ie/en/corporate/information-about-revenue/statistics/tax-expenditures/hri/hri-quarterly.aspx.

The number of HRI works, by year commenced, and the value of associated tax credits available under the Incentive is provided below. The tax credits can be availed of in the two (or more) years subsequent to the year in which the works have been paid for.

Year Commenced

Number of Works

Value of Tax Credits (€m)

2013

3,633

4.3

2014

24,238

26.3

2015

31,573

30.4

2016

31,497

28.0

2017

28,573

21.5

2018

32,609

16.4

2019*

312

0.02

*To 1 May 2019