Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

That is fine. Will the Minister give a working example, from the Department, of land value inflation running at 5% to 10% on a percentage basis and what that will mean for the tax? That would be helpful for the debate.

Again, my contention is that the middle of a housing emergency is not the time to introduce a tax, which will not come in until 2024 at the earliest or 2025 for other sites, at the lowest level. This should have been done a long time ago. The vacant site levy has not worked to the desired effect. I will ask some other questions on this matter. Why will the levy not be in place until January 2024 at the earliest?