Rent tax credit return
Deputy Duffy proposed reintroducing the former rent tax credit to ease pressure on renters. The Taoiseach said housing measures were under consideration and he would pass on the suggestion.
Up until December 2017, tenants who paid rent on private property were entitled to a tax rebate. This tax credit was available to all tenants of flats, apartments and houses. I personally remember and welcomed receiving this rebate. I believe it is important that we consider reintroducing it to assist in alleviating the financial stress experienced by our renters. By reintroducing the tax rebate, tenants will receive extra cash in their pockets. I hope this can be considered in the forthcoming budget.
Comment on this
With regard to the Deputy's budget recommendation, I know the Minister with responsibility for housing is working on all these issues. The Government must consider a whole range of measures. I will certainly present the Deputy's perspective. It is one that others have put forward as well.