Michael Moynihan (Cork North West, Fianna Fail)
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160. To ask the Minister for Finance the number of taxpayers currently claiming the rent tax credit, by county, in tabular form. [9350/24]

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.

I am advised by Revenue that the Rent Tax Credit statistics currently available refer only to claims by PAYE taxpayers. Data on claims by self-assessed taxpayers are not yet available. Statistics covering all taxpayers will be available in quarter 2 2024.

Claims in respect of the 2022 and 2023 years of assessment can be made by PAYE taxpayers by submitting an Income Tax return for that year. For claims relating to 2024, PAYE taxpayers had the option of claiming the rent tax credit due to them as rent is incurred through Revenue’s myAccount service or at the end of the year through their Income Tax return.

Rent Tax Credit claims are made are on a ‘taxpayer unit’ basis. A taxpayer unit is either an individual with any personal status who is singly assessed or a couple in a marriage or civil partnership who have elected for joint assessment.

I am advised that as of 22 February 2024, 518,372 Rent Tax Credit claims have been made by 333,309 taxpayer units.

Data for claims relating to PAYE taxpayers are set out by county in the table below.