Buying Irish property
What reliefs are available?
Help to Buy (HTB) Scheme
If you are a first-time buyer, this scheme will help you towards the deposit you need to buy or build a new home.
The scheme gives you a refund of the Income Tax and Deposit Interest Retention Tax (DIRT) you paid over the previous four tax years.
See the Help to Buy (HTB) incentive section for more information.
Mortgage Interest Tax Credit
The Finance Act 2023 introduced the Mortgage Interest Tax Credit. This tax credit is for taxpayers who have made payments in respect of a qualifying loan for a principal private residence. The credit is available for the 2023 to 2026 years of assessment inclusive.
The credit is available in respect of the increase in interest paid in 2023, 2024 or 2025 over interest paid in 2022. For 2026, the value of the credit is calculated based on 50% of the increase in interest paid in 2026 over interest paid in 2022.
The credit is available to homeowners with an outstanding mortgage balance between €80,000 and €500,000 as of 31 December 2022.
See the Mortgage Interest Tax Credit section for qualifying conditions and more information.