Rent Tax Credit query

clinteastwood said:

what does budget 2023 say about 2024 credits?

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McBride88 said:

Hi guys, received my statement back today saying I'll get €505 back for my rent tax credits for last year, I thought the payment had gone up to €1000? I pay €9,600 a year in rent, have rented same place for 4 years.

Any help understanding it a bit would be appreciated, I've queried it with revenue also but no reply yet

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McBride88 said:

Initially it was reported they'd go up to €750 a year, but in budget 2024 I'm pretty sure it was revised and €1000 was stated, but I'm confused as to how to claim it all back or how much rent I'd need to be paying maybe to actually claim that much!

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relax carry on said:

When you read your statement of liability that would have received when you filed your tax return for 2024 can you see the rent tax credit on page 2 of the form. What amount can you see?

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McBride88 said:

€505.52

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