Irish students are missing out on millions of euro each year by not claiming tax relief on college fees.

LAST month Revenue announced an extension of the Home Renovation Incentive (HRI), due to finish at the end of this year, until December 31, 2016. This scheme, introduced in 2013, is the government’s way of encouraging people to use tax compliant contractors, rather than pay cash into the black economy, as many did in the height of the recession.

Approximately 600 people have so far paid the controversial property tax.

The Minister for Communications, Energy and Natural Resources Pat Rabbitte has said the Property Tax is about as fair as you can get.