The Help to Buy (HTB) scheme is an incentive for first-time buyers to help with their deposit for purchasing or self-building a new home. Those availing of the scheme must purchase or self-build the property to live in as their home. Those who meet the required conditions will receive a refund of Income Tax and Deposit Interest Retention Tax (DIRT) paid in Ireland. The refund will be from the four tax years prior to when the person made their application.
Under changes made to the scheme in 2020, the maximum payment is €30,000 under the enhanced relief. The cap applies per property rather than per applicant regardless of how many people enter a contract.
To learn more about the Help to Buy Scheme go to Help to Buy (HTB) scheme (revenue.ie)