Written answers

Thursday, 19 February 2015

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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69. To ask the Minister for Finance when refunds of deposit interest retention tax will be processed for qualifying first-time buyers; and if he will make a statement on the matter. [7611/15]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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Relief from DIRT on savings used by first time buyers towards the deposit on a home was introduced from 14 October 2014. 

I am advised by the Revenue Commissioners that they are currently developing an online system whereby those who qualify for the relief will be able to claim their refund.  It is envisaged by Revenue that the online system and relevant guidance will be available at the end of next month.

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