First time buyer – claim refund DIRT

First time buyers are entitled to claim a refund of any DIRT deducted from interest earned on savings used for the purchase of a property or a self-build in the 48 months prior to the purchase date, i.e. date of conveyance.

The relief is confined to DIRT paid on savings up to a maximum of 20% of the purchase price or in the case of self-builds 20% of the completion value of the property

The purchase must take place between 14 October 2014 and 31 December 2017.

For self-builds, the property must:

• be completed between 14 October 2014 and 31 December 2017,
• be suitable to live in immediately, and
• the land must be registered in the names of the first-time buyer(s) before 31 December 2017.

Any queries on same give me a call on 091 763817 or email me at oliver@taxreturnhelp.ie