Tax Reliefs Data

Dáil Éireann Debate, Tuesday - 24 July 2018

Tuesday, 24 July 2018

Ceisteanna (174)

Darragh O'Brien

Ceist:

174. Deputy Darragh O'Brien asked the Minister for Finance the level of maximum monetary reliefs available under the rent tax credit per annum from 2008 to 2017 under the various categories in tabular form; and if he will make a statement on the matter. [32431/18]

Freagraí scríofa

Minister for Finance

Section 473 of the Taxes Consolidation Act 1997 provided for tax relief for tenants on rent paid in respect of rented residential accommodation which was their sole or main residence.  Relief was available at the standard rate on the amount paid in each tax year, subject to the relevant maximum rent limit.  For the years 2010 to 2017, relief only applied to individuals who were renting a property on 7 December 2010.  No relief was available to individuals who began renting after 7 December 2010.

The maximum rent limits and credit available for the tax years 2008-2017 were as follows:

-	Single – Under 55	Single – Under 55	Single – 55 or Over	Single – 55 or Over	Widowed or Surviving Civil Partner/Married or in a Civil Partnership - Under 55	Widowed or Surviving Civil Partner/Married or in a Civil Partnership - Under 56	Widowed or Surviving Civil Partner/Married or in a Civil Partnership – 55 or Over	Widowed or Surviving Civil Partner/Married or in a Civil Partnership – 55 or Over
-	Max Rent Limit €	Max Tax Credit €	Max Rent Limit €	Max Tax Credit €	Max Rent Limit €	Max Tax Credit €	Max Rent Limit €	Max Tax Credit €
2017	200	40	400	80	400	80	800	160
2016	400	80	800	160	800	160	1600	320
2015	600	120	1200	240	1200	240	2400	480
2014	800	160	1600	320	1600	320	3200	640
2013	1000	200	2000	400	2000	400	4000	800
2012	1200	240	2400	480	2400	480	4800	960
2011	1600	320	3200	640	3200	640	6400	1280
2010	2000	400	4000	800	4000	800	8000	1600
2009	2000	400	4000	800	4000	800	8000	1600
2008	2000	400	4000	800	4000	800	8000	1600