DIRT First-Time Buyers Relief
Section 266A of the Taxes Consolidation Act 1997 provides for refunds of Deposit Interest Retention Tax (DIRT) for first-time buyers who purchase a house or apartment to live in as their home. It also applies to first time buyers who self-build a home to live in.
Who is entitled to claim?
A first-time buyer of a house or apartment who purchases or self-builds a property between 14 October 2014 and 31 December 2017 may be entitled to claim a refund of DIRT.
The first-time buyer must not have either individually or jointly with any other person, previously purchased or built a house or apartment.
The property must have been purchased or built as the first-time buyer’s home. It does not include properties acquired for investment purposes.
How to make a claim
To make a claim, the property must be registered for Local Property Tax (LPT). Once registered, you log in to the LPT system and enter your PPS number/Tax Reference Number, Property ID and Secure LPT PIN.
Once in the LPT system, you click the Claim DIRT F.T.B. Refund button. This will display a claim form and you enter the required information and submit your claim.
The following information is needed to make a claim:
- Amount of DIRT to be refunded,
- Purchase price or completion value for a self-build,
- Purchase date/completion date,
- Email address,
- Bank Account details to which the refund is to be paid (if we have your details already on our records these will be displayed but you can amend them if necessary),
- Evidence of DIRT deducted (i.e. bank statements).