Mr. Pat Doyle:

I will ask Ms Donaghy to answer the question. The Deputy asked what we can do. One thing we might consider doing, which I have not had a chance to put to the Minister, is something that has been done in the UK to renovate derelict sites and bring back properties. The VAT rate has been reduced. If one is bringing back a derelict site or old building, the VAT rate is reduced to 5%. There is no VAT in some jurisdictions where a development is 100% social housing. That would in some ways reduce the burden and the cost. It would counteract some uncertainty if people knew that did not have to be paid. Will Ms Donaghy address the CALF?