Help to Buy (HTB) Incentive: Who Qualifies and What You Get
Learn if you qualify for a tax refund of up to €30,000 to help you purchase your first new-build home in Ireland.
The Help to Buy (HTB) Incentive is a scheme designed to assist first-time buyers with the costs of purchasing a new-build home.
Who it's for
This scheme is specifically for people who are buying their first home and are purchasing a brand-new property.
What you get
You can receive a refund of the income tax and Deposit Interest Retention Tax (DIRT) that you have paid over the previous four years. This refund can be up to €30,000.
What it costs you
There is no direct fee to apply, but you must have mortgage approval to proceed. You will need to manage your application through your official Revenue MyAccount.
The catch to know
The property you are buying must be a new build and the total cost must be €500,000 or less.
How to apply
- Ensure you have secured mortgage approval for your new home.
- Log in to your Revenue MyAccount.
- Follow the application process for the incentive through the portal.
- For more details, visit https://www.revenue.ie