Oireachtas Joint and Select Committees
Tuesday, 26 November 2013
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Finance (No. 2) Bill 2013: Committee Stage
3:10 pm
Michael Noonan (Limerick City, Fine Gael) | Oireachtas source
Most will not fund the work up-front with cash. The main banks have provided quite a lot of credit for doing this work. It will work out such that one will get a loan, perhaps over a term of five or ten years, to build the house extension, but the tax break will be received up-front.
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