Housing
Donohoe: ‘huge uncertainties around data’ for rental tax credit
Minister for Finance warns that new €500 tax credit was costed based on an estimated number of eligible renters and not specific data
Paschal Donohoe, the Minister for Finance, has said the state needs to exercise caution in the application of the rental tax credit due to “huge uncertainties around the data” used to calculate who is eligible for the payment of up to €500.
As part of Budget 2023, the government announced a new tax credit for renters which will give people currently letting who do not already receive state subsidies up to €500 a year.
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