Dáil debates

Thursday, 13 February 2025

Ceisteanna Eile - Other Questions

Tax Credits

2:40 am

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I am going to have to disappoint the Deputy as I have the information for Kildare but not Cork available this morning. Of course, I can get that information for him and will share it with him quickly.

The rent tax credit, as he outlined, has been brought in. In budget 2025, it was increased to €1,000 for a single person and €2,000 for a jointly assessed couple. This increase applies for 2025 and also retrospectively for 2024 in recognition of the cost-of-living pressures facing many renters. The statistics relating to the rent tax credit for 2024-25 are only available for PAYE taxpayers. They are, therefore, made on a taxpayer unit basis.

As regards County Kildare, it was 8,634 taxpayer units for 2024 and 985 for 2025. Most claims for credits, however, take place after the year end. I expect that the bulk of claims for this year will not be made until next year. I see no reason at all for this year's figure to be lower than what it was in 2024. Of course, I will provide the Deputy with the information for Cork and will write to his office in that regard.

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