Revenue eBrief No. 028/25
27 January 2025
Rent Tax Credit
Tax and Duty Manual Part 15-01-11A - Rent Tax Credit - has been updated throughout to reflect the increase in the value of the credit as provided for by Finance Act 2024. From 1 January 2024 the value has increased to €1,000 for an individual and €2,000 in respect of a jointly assessed married couple / civil partners.
The examples, which are now numbered, have been updated to reflect the increase in the value of the credit.
As the increase in the value of the credit for the 2024 was applied retrospectively, paragraph 7.5 has been added to provide guidance on how to claim the increase for the 2024 tax year.