Pearse Doherty (Donegal, Sinn Fein)
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400.To ask the Minister for Finance the estimated cost of increasing the rent tax credit to €1,000 for 2025, 2026, 2027, 2028 and 2029. [33211/24]

Pearse Doherty (Donegal, Sinn Fein)
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401.To ask the Minister for Finance the estimated cost of increasing the rent tax credit to 8.3% of annual rent paid per private rental tenant, with a minimum credit of €1,000 and maximum credit of €1,500, provided as a refundable tax credit for the years 2025, 2026, 2027, 2028 and 2029. [33215/24]

Pearse Doherty (Donegal, Sinn Fein)
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402.To ask the Minister for Finance the estimated revenue cost in 2025, 2026, 2027, 2028 and 2029 respectively, of increasing the rent tax credit to 8.3% of annual rent paid per private rental tenant, with a minimum credit of €1,000 and maximum credit of €2,000, provided as a refundable tax credit. [33216/24]

Jack Chambers (Dublin West, Fianna Fail)
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I propose to take Questions Nos. 400, 401 and 402 together.

In relation to the estimated cost of increasing the rent tax credit to €1,000 for 2025, based on the figures set out in the Budget 2024 documentation and data currently available, the incremental cost of increasing the Rent Tax Credit by €250 is of the order of €88 million.

I am further advised by Revenue that, in relation to increasing the Rent Tax Credit to 8.3% of annual rent paid, it is not possible to provide an estimate for the proposals outlined by the Deputy. There is no basis to provide this estimate as the relevant information on the tax return is not sufficiently comprehensive for statistical analysis.