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Help to buy scheme – changes

Help to buy scheme – changes

Help to buy scheme – changes from July 2020 Stimulus package

An increased income tax relief for the HTB scheme is now available, to the lesser of:

(i) €30,000 (up from €20,000), or

(ii) 10 per cent (up from 5%) of the purchase price ofthe new home or of the completion value of the
property in the case of self-builds, or

(iii) the amount of Income Tax and DIRT paid over the four years prior to making the application.

This increased relief is available from 23 July 2020 to 31 December 2020.

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

 

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