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Ceisteanna Eile - Other Questions: Central Bank of Ireland (15 Jul 2025)

Pearse Doherty: Maybe that call from the Israeli Minister was more important than you let on.

Ceisteanna Eile - Other Questions: Central Bank of Ireland (15 Jul 2025)

Mattie McGrath: Please, Deputy Doherty. Deputy Brennan, le do thoil.

Ceisteanna Eile - Other Questions: Tax Credits (15 Jul 2025)

Tax Credits

Ceisteanna Eile - Other Questions: Tax Credits (15 Jul 2025)

Catherine Ardagh: 102. To ask the Minister for Finance the number of taxpayer units that have made rent tax credit claims since the tax credit's inception; and if he will make a statement on the matter. [39412/25]

Ceisteanna Eile - Other Questions: Tax Credits (15 Jul 2025)

Shay Brennan: Could the Minister confirm the number of taxpayer units that have made claims for the rent tax credit since its introduction in December 2022? With budget 2025 further increasing the credit to €1,000 for individuals and €2,000 for jointly assessed couples, will the Minister comment on the scale of uptake and effectiveness of this credit in supporting private renters and make a...

Ceisteanna Eile - Other Questions: Tax Credits (15 Jul 2025)

Paschal Donohoe: The rent tax credit was introduced by the Finance Act 2022 and may be claimed in respect of qualifying rent paid in 2022 and subsequent years to the end of 2025. The value of the credit was €500 for a single person and €1,000 for a jointly assessed couple. For 2024 and 2025, the value of the credit increased to €1,000 for a single person and €2,000 for a jointly...

Ceisteanna Eile - Other Questions: Tax Credits (15 Jul 2025)

Shay Brennan: We are all acutely aware of the persistent challenges facing renters. The rent tax credit introduced in budget 2023 at €500 has been a tangible intervention for people grappling with higher rental costs. This credit was subsequently increased to €750 and reached €1,000 for individuals and €2,000 for couples in budget 2025. Since its inception three years ago, it...

Ceisteanna Eile - Other Questions: Tax Credits (15 Jul 2025)

Paschal Donohoe: I am very much aware of the value and role that this rent tax credit plays in helping with the cost of living. That is why over a number of budgets I, along with the Minister, Deputy Chambers, and the former Minister, Michael McGrath, have made changes to the value of it. The decisions that will be made on budget day are being carefully considered at the moment. As I said to the Deputy...

Ceisteanna Eile - Other Questions: Tax Credits (15 Jul 2025)

Shay Brennan: The Minister will probably appreciate that most of the questions he is asked between now and October will be to seek his plans for the upcoming budget. Could he provide an update in the meantime on the overall awareness and uptake of the rent tax credit since its launch? My understanding is that the Department of Finance estimates that around 400,000 renters are eligible to claim this...

Ceisteanna Eile - Other Questions: Tax Credits (15 Jul 2025)

Paschal Donohoe: 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...

Ceisteanna Eile - Other Questions: Tax Credits (15 Jul 2025)

Mattie McGrath: Maidir le Ceist Uimh. 103, níl an Teachta Cahill anseo - tá sé as láthair - so we will move on to Ceist Uimh. 104, in ainm Cian O'Callaghan.

Ceisteanna Eile - Other Questions: Tax Credits (15 Jul 2025)

Question No. 103 taken with Written Answers.

Ceisteanna Eile - Other Questions: National Treasury Management Agency (15 Jul 2025)

National Treasury Management Agency

Ceisteanna Eile - Other Questions: National Treasury Management Agency (15 Jul 2025)

Cian O'Callaghan: 104. To ask the Minister for Finance if he will ensure that the Irish Strategic Investment Fund is fully divested from all companies directly and indirectly involved in illegally occupied Palestinian territories; and if he will make a statement on the matter. [39362/25]

Ceisteanna Eile - Other Questions: National Treasury Management Agency (15 Jul 2025)

Paschal Donohoe: The Ireland Strategic Investment Fund is a €16.6 billion fund comprising a discretionary portfolio of €8.9 billion and a directed portfolio of €7.7 billion based on its annual report. It has complete independence in implementing its investment strategy under the NTMA Acts under an investment committee reporting to the NTMA's board. At the end of 2024, ISIF held, both...

Ceisteanna Eile - Other Questions: National Treasury Management Agency (15 Jul 2025)

Cian O'Callaghan: The Minister is saying ISIF is still investing in companies that are operating illegally in the occupied Palestinian territories. That is what he is telling us. Today, the UN stated that the largest displacement of Palestinians in the occupied territories of the West Bank since 1967 is taking place now. That is how bad the situation is. It is not good enough to say ISIF operates...

Ceisteanna Eile - Other Questions: Banking Sector (15 Jul 2025)

Paschal Donohoe: The Deputy is completely wrong. He said he would have been happy for us to keep shares in our banks when he is aware of the long-term risk of the relationship between the financial health of the State and our banking system becoming too close. He understands that as well as I do. Why would we want the financial health of our country to be some way influenced all over again by the movement...

Ceisteanna Eile - Other Questions: Banking Sector (15 Jul 2025)

Pearse Doherty: We did not. Is the Minister joking me?

Ceisteanna Eile - Other Questions: Banking Sector (15 Jul 2025)

Mattie McGrath: The Minister has the floor.

Ceisteanna Eile - Other Questions: Banking Sector (15 Jul 2025)

Paschal Donohoe: The total transaction-----

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