Niamh Smyth (Cavan-Monaghan, Fianna Fail)
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188. To ask the Minister for Finance if persons eligible for the help-to-buy scheme are paid in one lump sum by the Revenue Commissioners or on a phased basis through their tax; if so, the period over which; and if he will make a statement on the matter. [13165/17]

Michael Noonan (Limerick City, Fine Gael)
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The legislative provisions for the Help to Buy incentive are set out in section 477C of the Taxes Consolidation Act 1997 (TCA), as inserted by section 9 of the Finance Act 2016. The incentive applies for the period from 19 July 2016 to 31 December 2019.

I can confirm that a qualifying refund under Help to Buy is paid in one lump sum by Revenue.  A first-time buyer or self-builder will need to apply and claim online on http://www.revenue.ie/en/tax/it/reliefs/htb/index.html.  Claims are verified by either the purchaser's builder ("qualifying contractor") or their solicitor in the case of a self build, and once verified, the refund is paid.