A vacant home tax has been introduced with the hope that it will bring more homes on stream for people to rent or buy.
Renters who live in a house share will each be able to avail of a €500 tax credit.
So for example, if there's three tenants renting a room in a house share, they'll each be able to claim the €500 tax credit individually.
However the landlord of the property must be registered with the Rental Tenancies Board (RTB).
A vacant homes tax has been introduced, it will be three times a property's local property tax, on top of the existing rate.
Properties vacant for more than 30 days in a 12 month period will be eligible, the tax is intended to bring more properties on stream to deal with the current housing crisis.
Tanaiste Leo Varadkar says the new tax credit this will give renters some much needed help:
PrepayPower Becomes Second Energy To Supplier To Announce Winter Price Freeze
Two Adults And Two Children Die In Waterford House Fire
Five-Year National Drug Strategy Set To Be Launched
Number Of Fatalities At Scene of Fire In Waterford
Daniel Kinahan Set To Apply For Bail
Former Swimming Coach George Gibney Jailed For Over 15 Years For Sexual Abuse Of Children
Robert Pether Returning To Ireland After Five-Year Iraqi Detention
Over 23,000 Teachers Beginning Industrial Action Today
