Ms Clare Costello:

The full-year cost is €160 million. That is on the basis of the €1,000 credit that will apply in 2026 and 2027. The data we would have got from the Revenue Commissioners shows there were 160,000 taxpayer units in 2021 that returned rented residential income. Within a €1,000 credit, assuming that all those taxpayer units can absorb that and that they can all claim it, that is where the €160 million arises.