Call for renters and parents of student renters to claim rent tax credit up to €1,500 – Dillon

Fresh figures show there are thousands of tenants who have yet to avail of the rent tax credit, a Fine Gael Minister has said.

Minister of State at the Department of Housing, Alan Dillon TD, said thousands of renters are still eligible to avail of the €750 rental tax credit or €1,500 for a couple – a Fine Gael backed measure to help tenants with their monthly rent.

Minister Alan Dillon said: “I’m urging renters across the country not to forget to claim their rent tax credit.

“Fine Gael is putting hundreds of euros back in your pocket with of €750 or €1,500 for a couple.

“Claiming the rent tax credit is easy to do and the money be applied to your overall tax credit shortly after it’s claimed through Revenue.ie

“The rent tax credit introduced by Fine Gael has been claimed by well over 360,000 people over the past two years.”

“I also want to remind parents who pay for their children living in Rent a Room or digs accommodation, that they too can claim the rent tax credit.”

Over the last two years, hundreds of thousands of people have availed of the renter’s tax credit and so far, this year there are thousands more renters to avail of the credit which will offer financial relief to many tenants across the country.

It is estimated that approximately 400,000 individuals are entitled to the rent tax credit.

Minister Dillon added: “The renters tax credit is of important financial assistance to those who avail of it as a means to reduce their household costs.

“I believe the tax credit should be increased further in the forthcoming budget as a means to continue to support renters and parents of student renters.

“I would encourage all renters who have not yet claimed their renters tax credit to do so on revenue.ie.”