Alan Dillon
Question:95. Deputy Alan Dillon asked the Minister for Finance the number of individuals who have benefitted from the help-to-buy scheme in County Mayo; and if he will make a statement on the matter. [43084/23]
View answerThursday, 5 October 2023
Questions (95)
Written answers
As the Deputy is aware, the Help to Buy (HTB) incentive is a scheme, administered by Revenue, to assist first-time purchasers with the deposit they need to buy or build a new house or apartment. The incentive gives a refund of Income Tax and Deposit Interest Retention Tax (DIRT) paid in the State over the previous four years, subject to limits outlined in the legislation.
I am advised by Revenue that approximately 1,360 individuals with a County Mayo address have benefited from HTB and the average relief claimed for those individuals is €11,449. The total relief granted for Mayo HTB claims since the scheme’s inception on 1 January 2017 is approximately €15.6 million. I am further advised by Revenue that annual and monthly statistics on the Help to Buy (HTB) scheme are readily available on its website.