🏡HELP TO BUY SCHEME🏡
The enhanced Help to Buy Scheme for first-time buyers is live from 11th August 2020.
This means first-time buyers who are purchasing a new build or building their own home will be entitled to 10% of the home value or up to €30,000 in a tax rebate to help finance their home (up from 5% or €20,000)
Important points to note:
» The scheme lets you claim back income tax paid and DIRT on bank deposit interest over the last four years
» To apply, log on to your online Revenue account
» If you had already begun the process and have signed contracts AFTER July 23rd, you will still be eligible
» You can cancel your original application and reapply for higher rate