News - Minister Michael McGrath

The Rent Tax Credit, first introduced by the Finance Act 2022, was claimed by 7,268 PAYE taxpayers in the region that year while 1,729 have claimed it so far this year.

Deputy Naughten said rural Ireland faced challenges such as inflation and the current cost of living. He said the only way to address these issues was through significant investment in infrastructure, local jobs and remote working.

Around 100,000 people will benefit at a cost to the state in the region of 100 million euro.