Figures Show Just 10% Claiming Rent Tax Credit

Saturday, 22 July 2023 12:23

By Ross Lindsay

Revenue to investigate low take up.

Concerns are being raised over the government's tax credit scheme for renters in Kildare and across the country.

It's estimated there are currently 400,000 people registered with the Residential Tenancies Board.

A report by the Irish Examiner has revealed that between January and July 9^th, just 40, 631 accessed the €500 credit, introduced in the budget to ease financial pressure for renters.

In response, Revenue will carry out an information campaign, to find out why there's been such a low take up.

Earlier this year, Taoiseach Leo Varadkar admitted there is anecdotal evidence to suggest some people are unable to avail of the rent credit, as they are renting from landlords not registered with the RTB.

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