Eoin Ó Broin (Dublin Mid West, Sinn Fein)
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350.To ask the Minister for Finance the number of landlords who have to date claimed the new rented residential relief introduced in budget 2024; and the number of these landlords, by local authority area. [32122/24]

Jack Chambers (Dublin West, Fianna Fail)
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Budget 2024 contained a suite of measures in the context of housing policy including the introduction of a new tax relief known as Residential Premises Rental Income Relief (RPRIR). RPRIR will provide relief, at the standard rate, on a portion of a landlord’s residential rental income. The relief will be €3,000 in the tax year 2024, €4,000 in the tax year 2025 and €5,000 in the tax years 2026 and 2027, which is equivalent to a tax credit of up to €600, €800 and €1,000 respectively.

I am advised by Revenue that as RPRIR applies to income from the tax year 2024 onwards and given that there are qualifying conditions as at 31 December 2024 that need to be satisfied, no claims have been received to date and are not expected to be received until 2025.

Further information on RPRIR is available at the following link: www.revenue.ie/en/personal-tax-credits-reliefs-and-exemptions/land-and-property/rprir/index.aspx