TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Enhanced tax relief under the Help to Buy Scheme (Section 8)

Tax relief under the Help to Buy Scheme is enhanced to the lesser of (i) €30,000 (up from €20,000) or (ii) 10 per cent (up from 5 per cent) of the purchase price of the new home or of the completion value of a self-build or (iii) income tax and DIRT paid by the claimant over four years. This enhanced relief is only available from 23 July 2020 to 31 December 2020. From 1 January 2021, the Help to Buy Scheme reverts to the pre 23 July 2020 position.