7% of renters claiming tax credit earn over €100,000, report finds

The renters' tax credit was first introduced at a maximum rate of €500 for single taxpayers and €1,000 for jointly assessed couples in 2022

Around 7% of people claiming the renters’ tax credit earn over €100,000 a year, and increasing the credit further would mainly benefit higher earners, according to a Government report.

A review of the renters’ tax credit, published by the Department of Finance to coincide with its extension in Budget 2026, found that the policy addresses “symptoms but not the root causes” of the housing crisis — namely, the lack of supply.