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Help to Buy Scheme

What Is the Help to Buy Scheme?
The Help to Buy (HTB) Scheme assists first-time buyers to purchase a newly-built house or apartment. It is also available for once-off self-build homes.
It only applies to properties that cost €500,000 or less.
The HTB Scheme gives a refund of the income tax and Deposit Interest Retention Tax (DIRT) you have paid in Ireland over the previous 4 tax years.

How do I qualify?
To qualify, you must:
Be a first-time buyer. If you are buying (or self-building) the property with someone else, they must also be a first-time buyer.
Buy or self-build a new residential property between 19 July 2016 and 31 December 2022.
Take out a mortgage of at least 70% of the purchase price. Cash buyers do not qualify.
Live in the property for 5 years from the date that it is habitable. HTB is not available for investment properties.
Be fully tax-compliant for the 4 years immediately before your claim.
What do I get?
If you sign a contract for a new house, or draw down on a self-build mortgage, between 23 July 2020 and 31 December 2022, you can get an increased relief. This is known as the Enhanced Help to Buy Scheme. You can claim relief on the lesser of:
€30,000
10% of the purchase price of the property
10% of the completion value of a self-build
The amount of income tax and DIRT you paid for the previous 4 years
The maximum payment is €30,000.
How can I apply?
There are 3 stages to the online application process:
The application stage: If you are a PAYE employee only, you can apply for the HTB Scheme through Revenue’s MyAccount service. Or, if you are a self-assessed taxpayer, you can apply through Revenue’s Online Service (ROS).
The claim stage: Once your application is approved you can make your claim using ROS or MyAccount. You will need to provide documents about your mortgage and confirm details about the property at this stage.
The verification stage: The information you have provided is verified by an eligible verifier. This is the contractor if you are buying a new home, or your solicitor if you are building your home.
How do I get the refund?
If you buy a new build, the refund is paid directly to the builder. If you self-build the property, the refund is paid to a bank account you hold with your loan provider.

Read more about the Help to Buy Scheme on https://bit.ly/3O2jdxF .
If you need further information about any of the issues raised here or you have other questions, you can call a member of the local Citizens Information Service in Kerry on 0818 07 7860. They will be happy to assist you and if necessary arrange an appointment for you.
Kerry HELPLINE 0818 07 7860
Monday to Friday from 10am -4pm. Alternatively you can email on tralee@citinfo.ie or log on to www.citizensinformation.ie
The National Phone Service is available on 0818 07 4000 Monday to Friday 9am – 8pm.

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Sam Maguire to feature at next week’s AugustFest

Killarney Racecourse is set to host the exciting three-day summer horse-racing festival from Thursday August 18 to Saturday 20 inclusive. The festival also marks 200 years of racing at Killarney Races […]

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Killarney Racecourse is set to host the exciting three-day summer horse-racing festival from Thursday August 18 to Saturday 20 inclusive. The festival also marks 200 years of racing at Killarney Races offering patrons great racing, history, socialising, entertainment and so much more at Ireland’s most scenic racecourse.

With lots of ticket levels and packages including food and beverage options to choose from, whether it is close to the action general admission tickets or silver service fine dining, there is something for everyone at Killarney Races. Live music, fashion, and fun for all the family complement the best of summer racing at the track this August.

Thursday and Friday are evening meetings and Saturday is an afternoon event with all race cards offering seven thrilling races for spectators to enjoy each day.

Thursday is Sam Maguire evening. And to mark Kerry’s recent success and Killarney Races bi-centenary celebration, Killarney Races are offering an amazing deal on the opening day of their three-day event. On Thursday August 18 patrons will enjoy admission, a racecard and a €5 free bet all for €20! The first race is approximately 5pm with gates open from 3pm. Come early, bring along your jersey and camera, it’s going to be a great evening.

Friday will see the new entrance officially open, as racing officials and elected representatives unlock the gate to the next 200 years at the popular Killarney track, first race at approximately 5pm with gates open from 3pm. With music on the lawn from Donal Lucey and from Tom Cats in the Jim Culloty bar after racing the après racing party is sure to be a ‘winner alright’!

Saturday is AYU Ladies Day and all about the glamour as fashionistas bring the curtain down on AugustFest in fine style. AYU is an Irish based and Irish owned cosmetics company set up by renowned make-up artist Suzie O’Neill. With over €1,500 in prizes for the most stylish ladies to dress up for, what’s not to love! Gates open from 12 noon with the first off at approximately 2pm.

“At AugustFest we will be celebrating a major milestone here at Killarney Races, 200 years of racing in Killarney which is amazing,” Killarney Racecourse Chairman, Gerard Coughlan said.

“I would like to take this opportunity to encourage all locals and visitors to Killarney to come along and be part of the 200 year celebrations and share in this historic moment with us as we officially open the gates on the next 200 years! It’s a rare opportunity to be able to say ‘I was there the day they celebrated the bi-centenary’ anywhere and what a great story to share with the grandchildren in years to come. On that note, we are looking forward to welcoming multiple generations of families during AugustFest, so make a plan and come along and join us for what will be a most remarkable festival at our beautiful boutique racecourse this August!”

The feature race on the opening day of AugustFest is the Vincent O’Brien Ruby Stakes (listed), the Kingdom Gold Cup Handicap of €50,000 and the Gain Advantage Race Series. On Friday, the day two feature is the Grade B Handicap Hurdle of €50,000 and the EBF Novice Hurdle, with four competitive chase races. The final day of the festival the feature is the Grade B Handicap Chase of €50,000.

Adult tickets are available from €20 and children under 14 go free ensuring a great day out for all the family. For those who love a deal, the “Punter’s Pack” is a great value-added option and if you want to live it up check out the Maurice O’Donoghue Suite and Panoramic Restaurant options.

For all ticket details and festival programme information visit killarneyraces.com.

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Jessie Buckley’s album shortlisted for prestigious award

Killarney superstar Jessie Buckley has been shortlisted for the 2022 Mercury Prize Album of the Year. Her collaboration with Bernard Butler ‘For All Our Days That Tear the Heart’ is […]

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Killarney superstar Jessie Buckley has been shortlisted for the 2022 Mercury Prize Album of the Year.

Her collaboration with Bernard Butler ‘For All Our Days That Tear the Heart’ is one of 12 albums shortlisted for the prestigious award which will be revealed in London on September 8.

“Neither of us really knew each other and it was actually a blessing in disguise because we met each other in the moment and trusted each other, took a leap of faith and in a way come in just the way we were and not because of who we are,” she told a press conference at the awards announcement in London last week.

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