Pearse Doherty (Donegal, Sinn Fein)
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256. To ask the Minister for Finance what is in the base each year for the rent tax credit; and if he will make a statement on the matter. [44180/24]

Jack Chambers (Dublin West, Fianna Fail)
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Tax policy measure costings at the time of their introduction is set out in the Tax Policy Changes booklet published as part of the Budget Day documentation.

The rent tax credit was originally introduced as part of Budget 2023. The estimated cost is set out in the Tax Policy Changes booklet, available at:

www.gov.ie/en/publication/ccc22-budget-2023-taxation-measures/

The measure was amended in Budget 2024. The estimated cost of the amendment is likewise available at:

www.gov.ie/en/publication/de3d4-budget-2024-taxation-measures/

The measure was further amended in Budget 2025, with the additional cost set out at:

www.gov.ie/en/publication/7b27b-budget-2025-taxation-measures/

The cost of the rent tax credit as amended is included in the tax base as part of the Budget 2025 fiscal projections. The rent tax credit is assumed to expire at end-2025. If the measure were to be extended beyond its current end-date, estimates would be subject to revision based on the latest available data.