Thursday, 28 March 2019

Ceisteanna (62)

Darragh O'Brien

Ceist:

62. Deputy Darragh O'Brien asked the Minister for Finance the number of the first-time buyer help-to-buy scheme recipients since its inception by county; the value of the scheme by county in tabular form; and if he will make a statement on the matter. [14674/19]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

Section 477C of the Taxes Consolidation Act 1997 provides for the Help to Buy incentive (HTB), which came into effect on 19 July 2016 and is due to expire on 31 December 2019.

The information sought by the Deputy in terms of numbers of recipients of support by county is not immediately available. I will provide that information to the Deputy as soon as may be. In the meantime, data on the numbers of HTB claims made by county since the scheme commenced together with the value of approved claims by county is set out below.

Claims made by county since the scheme commenced

County

Number of Claims

Carlow

79

Cavan

81

Clare

149

Cork

1,117

Donegal

98

Dublin

3,793

Galway

456

Kerry

94

Kildare

1,059

Kilkenny

91

Laois

160

Leitrim

32

Limerick

350

Longford

40

Louth

343

Mayo

161

Meath

1,282

Monaghan

84

Offaly

102

Roscommon

71

Sligo

76

Tipperary

188

Waterford

261

Westmeath

144

Wexford

190

Wicklow

509

Total

11,010

Values of approved claims by county since the scheme commenced (These values are rounded to the nearest €100)

County

Value of Approved HTB Claims per County

Carlow

€888,400

Cavan

€892,900

Clare

€1,717,300

Cork

€16,529,000

Donegal

€991,900

Dublin

€61,547,800

Galway

€5,736,700

Kerry

€1,150,600

Kildare

€16,519,000

Kilkenny

€1,175,400

Laois

€1,759,500

Leitrim

€290,600

Limerick

€4,278,000

Longford

€507,500

Louth

€4,075,700

Mayo

€1,982,900

Meath

€17,993,100

Monaghan

€945,100

Offaly

€1,105,300

Roscommon

€839,100

Sligo

€839,400

Tipperary

€2,094,600

Waterford

€2,893,900

Westmeath

€1,744,200

Wexford

€2,280,600

Wicklow

€7,611,100

I am advised by Revenue that further Help To Buy statistics are available on its website at the following link:

https://www.revenue.ie/en/corporate/information-about-revenue/statistics/tax-expenditures/index.aspx.