We use Google Analytics to see which pages are read and how the site is used, so we know what to improve. This only runs if you accept. See our privacy notice for details.

Seanad
‹ An tOrd Gnó - Order of Business

Rent tax credit application delay

Summary

Senator Ahearn asked when tenants could apply for the new rent tax credit through Revenue, noting its value and practical benefits for renters.

There were an awful lot of good announcements in the tax measures brought forward in the budget a number of months ago, including the €500 tax relief credit that renters can apply for this year, next year and so on. The first time they apply for it, they can get two tranches, which will equate to €1,000 in credit. The good thing about that is that if someone is renting a house with two or three other people or with a partner, all the tenants can apply for their own credit, amounting to €1,000 each. Can we get an update on when it is going to be possible to apply for this through revenue.ie? People have welcomed the announcement and need the credit, and the Government brought it through because we recognise people need the money now because of the cost-of-living crisis.

Will the Deputy Leader talk to the Minister for Housing, Local Government and Heritage about the fact that renters who live with their landlords do not seem to qualify for the credit and cannot apply for it? It seems to be a small anomaly and if we could get it sorted out, it would be appreciated. On the whole, judging by what I hear from renters, they very much welcome the credit and if it can be processed, as we hope, before Christmas, that is to be welcomed.

Comment on this