Help to Buy incentive scheme
Who can claim the Help to Buy (HTB) incentive?
The Help to Buy (HTB) incentive is a scheme for first-time property buyers.
When you buy or build your home, the incentive will give you a refund of Income Tax and Deposit Interest Retention Tax (DIRT) that you paid in Ireland over the previous four years.
To claim HTB, you must:
- be a first-time buyer
- buy or build a new property between 19 July 2016 and 31 December 2019
- live in the property as your main home for five years after you buy or build it
- be tax compliant, if you are self assessed you must also have tax clearance.
To qualify, you must not have previously bought or built a house or apartment, either on your own or jointly with any other person. If you are buying or building the new property with other people, they must also be first-time buyers.
Subject to qualifying conditions
Any queries on above give me a call on 091 763817 or email me at oliver@taxreturnhelp.ie
