Help to Buy

Help to Buy (HTB) incentive helps all first time buyers buy a newly built house, apartment or self- build home. It only applies to properties that cost €500,000 or less. The incentive which has been extended by Revenue to 31 December 2022, gives a refund of Income Tax and Deposit Interest Retention Tax (DIRT) paid in Ireland over the previous 4 years. An individual cannot claim relief on PRSI or USC. An individual can claim a tax refund based on the income tax they have already paid, to the lessor of:

• €30,000
• 10% of the purchase price of the property
• 10% of the completion value of a self build
•  The amount of Income Tax and DIRT you paid for the previous 4 years. 
• The refund is paid to a bank account you hold with your loan provider.