Renters tax credit should be increased to €1,000, says Simon Harris

The Higher Education Minister added that he wants to see more money allocated to building student accommodation across the State

The rent tax credit, introduced last year, currently allows for renters to claim back €500 for both 2022 and 2023.

The renters tax credit should be increased from €500 to €1,000 in the upcoming budget, Higher Education Minister Simon Harris says.

Speaking in Dublin on Monday, Mr Harris said that he plans to work with Housing Minister Darragh O’Brien on improving the credit in October’s budget, particularly for third-level students.