Paschal Donohoe (Dublin Central, Fine Gael)

The figures I shared with the Deputy earlier show overall that this rent tax credit is being reasonably broadly used. I remember when the tax credit was brought in that in the early period in which it was being made available, I was concerned that the drawdown and use of it was not as broad as I would have hoped. Towards the end of the tax year, however, we saw more taxpayers who were eligible for it register.

As regards the communication and drawing attention to it, the advertising the State does directly and then the advice that individual taxpayers can receive are where it becomes so valuable. This is a rent tax credit that can play a valuable role in helping taxpayers deal with the high cost of rent. As I said, we will consider that and other tax credits as part of the preparation for budget 2026.

See this speech in context