Written answers

Thursday, 16 February 2023

Department of Finance

Departmental Data

Photo of Cathal CroweCathal Crowe (Clare, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

207. To ask the Minister for Finance the number of first-time buyer help-to-buy scheme applicants and approved recipients since its inception by county; and the total number of approved recipients in 2020, 2021 and 2022, by county, in tabular form. [8041/23]

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

The Help to Buy (HTB) incentive is a scheme to assist first-time purchasers (FTP) with the deposit they need to buy or build a new house or apartment. The incentive provides a refund of Income Tax and Deposit Interest Retention Tax (DIRT) paid in Ireland over the previous four years, subject to limits outlined in the legislation.

I am advised by Revenue that applications for Help to Buy may be made on a provisional basis as first-time buyers seek to clarify their entitlements in advance of commencing the purchase of a property. An application will only progress to the “claim” stage if and when the applicant decides to purchase a property that is eligible for the scheme. It is only at claim stage that the property address details become available, and therefore a county breakdown of applications, encompassing those that do not progress to claim stage, is not available.

Revenue have advised that the table below provides a county breakdown of the number of approved claims for the years 2017 – 2022, based on the date of the commencement of the claim stage:

- 2017 2018 2019 2020 2021 2022
Carlow 35 36 60 60 105 61
Cavan 34 40 60 69 87 69
Clare 60 74 126 104 166 94
Cork 509 563 804 804 1,104 958
Donegal 43 49 88 114 148 175
Dublin 1,974 1,574 1,679 1,145 1,110 1,057
Galway 201 218 290 331 417 326
Kerry 45 41 81 98 104 115
Kildare 514 473 675 772 990 1,029
Kilkenny 36 48 85 142 122 118
Laois 63 88 85 142 222 144
Leitrim 12 16 <10* 19 29 18
Limerick 162 151 210 213 256 176
Longford 19 18 34 22 29 25
Louth 130 185 218 189 342 312
Mayo 64 78 144 131 160 166
Meath 599 585 845 746 867 633
Monaghan 30 43 67 66 100 81
Offaly 55 34 59 78 135 153
Roscommon 32 31 63 61 80 62
Sligo 26 39 54 37 74 62
Tipperary 83 84 112 96 133 112
Waterford 127 113 145 161 192 162
Westmeath 60 70 80 94 95 101
Wexford 64 98 191 168 296 285
Wicklow 258 211 305 224 310 249
Total 5235 4960 6560* 6086 7673 6743

* Where there are fewer than ten cases in a county, the exact number is not provided due to Revenue's obligation to protect taxpayer confidentiality. The number of Leitrim-based claims is therefore excluded from the 2019 total.

Comments

No comments

Log in or join to post a public comment.