Barry Ward (Dún Laoghaire, Fine Gael)
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177. To ask the Minister for Finance the status of the review and extension of the help to buy scheme, as committed to in the Programme for Government; and if he will make a statement on the matter. [53949/25]

Paschal Donohoe (Dublin Central, Fine Gael)
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The Help to Buy incentive is a scheme to assist first-time purchasers with the deposit they need to buy or build a new house or apartment It also has as an aim to encourage additional supply of new houses by supporting demand. The scheme provides a refund of Income Tax and Deposit Interest Retention Tax paid in Ireland over the previous four years, subject to certain limits and is legislated to be in place until the end of 2029.

The level of support available to first time buyers is whichever is the lesser of:

• €30,000; or
• 10 per cent of the purchase price of the new property; or,
• the amount of Income Tax and DIRT paid in the four years before application for the relief.