Over 50 claims made under Help to Buy Scheme in Carlow

Figures up to June of this year have revealed

Darren Hassett

Reporter:

Darren Hassett

Email:

news@kilkennypeople.ie

Carlow Carlow Carlow

There were 60 claims made in Kilkenny and 181 in Waterford

There were 53 claims made under the Help to Buy Scheme in Carlow, it has been revealed. 

Fianna Fáil TD Niamh Smyth asked the Minister for Finance about the number of persons who have applied under the first time buyers scheme as announced in budget 2017 and the counties they applied in.

The Help To Buy (HTB) incentive, announced in Budget 2017 (October 2016), is designed to assist first-time buyers with the deposit required to purchase or self-build a new house or apartment to live in as their home.

The incentive provides for a refund of income tax and DIRT paid over the previous four tax years, limited to a maximum of 5% of the purchase value up to a value of €400,000. The HTB refund is capped at €20,000.

In a written reponse, Minister Paschal Donohue said: "The incentive is available for the period from 19 July 2016 to 31 December 2019.

"To the end of June 2018, 7,753 HTB claims had been made (of which 7,220 were approved). The value of approved HTB claims to the end of June 2018 is some of €104.3 million, of which €17.7 million represents retrospective claims (for the period 19 July to 31 December 2016)."

The total number of claims in Carlow came to 53 - one of the lowest in the country.