Michael McGrath (Cork South Central, Fianna Fail)
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The Rent Tax Credit, as provided for in section 473B of the Taxes Consolidation Act 1997 (TCA 1997), was introduced by the Finance Act 2022 and may be claimed in respect of qualifying rent paid in 2022 and subsequent years to end-2025.

In relation to the question of parents paying for their children who are studying abroad and in a tenancy outside the State, the purpose behind the rent tax credit, introduced as a temporary measure, is to assist as part of the overall response to the accommodation shortage in the private rented residential sector in Ireland. More specifically, the aim is to provide some financial assistance to renters in that particular sector who may face high rental costs and who do not receive any other housing supports from the State. As such, the eligibility criteria for the credit specify that the rental property concerned must be a residential property located in the State.

Full details of the conditions that apply are set out in the relevant Tax and Duty Manual (Part 15-01-11A) available on the Revenue website at the following link:

www.revenue.ie/en/personal-tax-credits-reliefs-and-exemptions/land-and-property/rent-credit/index.aspx .

As the Deputy will appreciate, in designing tax reliefs, there is always a balance to be struck between providing support to as many people as possible consistent with the overall policy intention behind the measure and ensuring that there is an appropriate degree of control in the management of limited Exchequer resources.

I have no plans, at present, to propose changes to this element of the credit nor to provide specific tax relief in respect of accommodation costs for students pursuing further or higher education outside of the State.

Rose Conway-Walsh (Mayo, Sinn Fein)
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228. To ask the Minister for Finance further to Parliamentary Question No. 95 of 5 December 2023, to provide a breakdown of the number of non-tax resident landlords by jurisdiction of residency according to their form 11 tax return in each year since 2016; and if he will make a statement on the matter. [56202/23]

Michael McGrath (Cork South Central, Fianna Fail)
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I am advised by Revenue that the number of non-resident taxpayers who declared rental income on the Form 11 for the years 2016-2021, broken down by their country of residence and their income source (residential or commercial properties), is as set out in the tables below.

2021 Residential

2021 Commercial

2020 Residential

2020 Commercial

2019 Residential

2019 Commercial

2018 Residential

2018 Commercial

2017 Residential

2017 Commercial

2016 Residential

2016 Commercial