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Tax Credits

Dáil Éireann Debate, Tuesday - 7 March 2023

Tuesday, 7 March 2023

Ceisteanna (245)

Mairéad Farrell

Ceist:

245. Deputy Mairéad Farrell asked the Minister for Finance if the renter's credit introduced in Budget 2023 is in the baseline and a recurring measure going forward; and if he will make a statement on the matter. [11213/23]

Amharc ar fhreagra

Freagraí scríofa

The €500 rent tax credit introduced in Budget 2023 will be available until 2025, at an estimated cost of €200 million per year.

In 2023 renters can claim the relief in respect of rent paid in both 2023 and in 2022. This is reflected in my Department’s fiscal projections, which incorporate a €400 million impact from the rental credit for 2023 and €200 million thereafter until 2025.

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