Help to Buy (HTB) incentive

What do you need to do before you apply?

Before you apply, you must be registered for either:

If you pay tax through PAYE

Before you apply for HTB, you must submit a Income tax Return for each year you wish to apply for a payment and pay any outstanding tax due.

Use myAccount to submit an Income tax Return for the years from 2015. Online Income tax Returns are pre-populated with your pay and tax details.

If you need to submit a paper Income tax return (form 12) for 2014, you can download the form and submit on paper. When you have completed this form, you can scan it and then upload it in MyEnquiries. To do this, you should:

  • click 'Add new enquiry'
  • select 'Help-To-Buy scheme' from the dropdown options available under 'My Enquiry relates to'
  • select 'Income tax return (Form 12 2014)' from the dropdown options available under 'And more specifically'
  • attach the scanned pages of your Income tax Return (Form 12)
  • submit your enquiry.

If you are self-employed

If you are self-assessed, you must be fully tax compliant and have tax clearance. You must have filed your income tax returns and paid all the tax that you owe for any years where you were self-employed. Use Revenue Online Service (ROS) to submit your Form 11.

Four year rule

You may have signed your contract to buy a new build or drew down the first part of your mortgage for a self build between 1 January and 31 March 2018. If so, you may select either the:

  • year of purchase to be the actual year you bought or built your home
  • previous year provided you make your application before 31 May 2019.

This will allow you to select the four year period which is of most benefit to you.

For example, if your contract or draw-down date is 2 February 2019, you may choose whether that took place in either 2018 or 2019. If you choose 2018, this will allow you to use your Income Tax and DIRT for the four years from 2014 to 2017. If you choose 2019, you can use the years from 2015 to 2018.

Next: How do you apply for Help to Buy (HTB)?