Help to Buy (HTB) is a scheme to assist first-time purchasers with the deposit they need to buy or build a new house or apartment. The incentive offers a refund on Income Tax and Deposit Interest Retention Tax (DIRT) paid in the State over the previous four years, subject to limits outlined in Section 477C of the Taxes Consolidation Act 1997.
Since inception of the scheme to 31 May 2023, 40,411 HTB claims have been made, of which 39,615 are approved.
I am advised by Revenue that, while HTB claimants are required to give details of the county in which the relevant property is located, they are not required to declare the specific local authority area. Therefore, Revenue does not have data from which to provide a breakdown by local authority area.The following table sets out the number of claims by county in the period from the inception of the scheme to 31 May 2023.
County
|
Number of Claims
|
Carlow
|
391
|
Cavan
|
396
|
Clare
|
684
|
Cork
|
5,168
|
Donegal
|
698
|
Dublin
|
8,919
|
Galway
|
1,956
|
Kerry
|
527
|
Kildare
|
4,968
|
Kilkenny
|
608
|
Laois
|
834
|
Leitrim
|
111
|
Limerick
|
1,265
|
Longford
|
153
|
Louth
|
1,508
|
Mayo
|
823
|
Meath
|
4,598
|
Monaghan
|
425
|
Offaly
|
576
|
Roscommon
|
357
|
Sligo
|
332
|
Tipperary
|
676
|
Waterford
|
1,000
|
Westmeath
|
549
|
Wexford
|
1,207
|
Wicklow
|
1,682
|
Total
|
40,411
|
I am advised by Revenue that annual statistics on the Help to Buy (HTB) scheme are available on the Revenue website at www.revenue.ie/en/corporate/information-about-revenue/statistics/tax-expenditures/htb/htb-yearly.aspx.
In addition to this, monthly statistics are also available on the Revenue website at www.revenue.ie/en/corporate/information-about-revenue/statistics/tax-expenditures/htb/htb-monthly.aspx with the latest available data to end May 2023.