Renters could be in line for tax credit in Budget

Housing Minister Darragh O'Brien said: “I take the rights of tenants very, very seriously as minister.”

Renters could get immediate financial relief in the form of a tax credit under plans to be discussed ahead of the Budget to help ease the burden of soaring rents.

It’s understood a financial measure is the preferred option rather than a new scheme and a tax credit is “something that could be implemented relatively quickly,” according to Government sources.