Pearse Doherty
Ceist:134. Deputy Pearse Doherty asked the Minister for Finance the estimated cost of the existing tax credit for rent paid to private landlords for 2019. [37220/18]
Amharc ar fhreagraTuesday, 18 September 2018
Ceisteanna (134)
Freagraí scríofa
I assume the Deputy is referring to the rent tax credit, which was a credit available to those paying for private rented accommodation. This included rent paid for flats, apartments or houses. It did not include rent paid to local authorities. The credit was only available to a person who was renting on 7 December 2010 and ceased to be available after 31 December 2017.
As the Deputy may be aware, historic numbers availing of the rent tax credit - rent paid in private tenancies - and the cost associated with the provision of this credit, are available on Revenue’s website in tabular form for the years 2004 to 2016 at the following link:
https://www.revenue.ie/en/corporate/documents/statistics/tax-expenditures/costs-tax-expenditures.pdf.
In 2016, the most recent year for which data are available, the credit cost €13.7 million.