Written answers
Wednesday, 8 May 2019
Department of Finance
Home Renovation Incentive Scheme Data
Seán Fleming (Laois, Fianna Fail)
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168. To ask the Minister for Finance the number and amount of payments made in each year under the home renovation scheme since it was introduced; the amounts paid out under the scheme; and if he will make a statement on the matter. [19518/19]
Paschal Donohoe (Dublin Central, Fine Gael)
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I am informed by Revenue that monthly statistics on the Home Renovation Incentive (HRI) are published at www.revenue.ie/en/corporate/information-about-revenue/statistics/tax-expenditures/hri/hri-quarterly.aspx.
The number of HRI works, by year commenced, and the value of associated tax credits available under the Incentive is provided below. The tax credits can be availed of in the two (or more) years subsequent to the year in which the works have been paid for.
Year Commenced | Number of Works | Value of Tax Credits (€m) |
---|---|---|
2013 | 3,633 | 4.3 |
2014 | 24,238 | 26.3 |
2015 | 31,573 | 30.4 |
2016 | 31,497 | 28.0 |
2017 | 28,573 | 21.5 |
2018 | 32,609 | 16.4 |
2019* | 312 | 0.02 |
*To 1 May 2019
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