Oireachtas Joint and Select Committees
Tuesday, 18 November 2014
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Finance Bill 2014: Committee Stage
8:40 pm
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Under the dual abode allowance, anybody renting accommodation gets the full amount of the rental cost written off their tax bill. On top of this, they get an unvouched sum of €4,500. Anybody who stays in a guesthouse gets the full cost of the guesthouse or hotel and on top of that they get €3,500 written off their tax bill. In regard to people buying property, €6,500 plus mortgage interest and all associated fees are written off.
I think it is public knowledge that officeholders bought property, perhaps even an officeholder in this current Administration. My point is the justification for the dual abode allowance. This allowance was not created by the Minister, but is a throw back to the regime long before this Government. It needs to change.
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