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
8:30 pm
Brian Walsh (Galway West, Independent) | Oireachtas source
Deputy Boyd Barrett has raised a valid concern and perhaps it could be dealt with through the introduction of a cap of some sort, in terms of the amount of relief that can be availed of by any investor in a particular tax year.
It is geared towards the smaller investor as opposed to the large property investor who tends to invest in commercial property as opposed to residential property. The Deputy's concern in this regard is definitely valid. Perhaps there should be a cap on the amount of relief any one individual taxpayer can claim in a given tax year. That might be go a long way towards addressing the Deputy's valid concern.
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