Alan Dillon
Question:133. Deputy Alan Dillon asked the Minister for Finance the number of applicants for the help-to-buy scheme in County Mayo in 2023; and if he will make a statement on the matter. [4494/24]
View answerThursday, 1 February 2024
Questions (133)
Written answers
The Help to Buy (HTB) scheme is administered by Revenue to assist first-time buyers with buying or building a new house or apartment. The scheme gives a refund of Income Tax and Deposit Interest Retention Tax (DIRT) paid in the State over the previous four years, subject to qualifying criteria outlined in the legislation.
I am advised by Revenue that to date 153 applications, relating to 286 individuals with an address in County Mayo applied for HTB in 2023. Of these, 132 applications, relating to 250 individuals, have been approved with a total relief granted of approximately €3.4m. The remaining 21 applications, relating to 36 individuals, were received in the last quarter of 2023 and are currently being processed.
I am further advised by Revenue that annual and monthly statistics on the scheme are available on its website at:
www.revenue.ie/en/corporate/information-about-revenue/statistics/tax-expenditures/index.aspx.