Oireachtas Joint and Select Committees

Thursday, 26 January 2023

Public Accounts Committee

Appropriation Accounts 2021
Vote 34 - Housing, Local Government and Heritage
Local Government Fund Account 2021
2021 Report of the Comptroller and Auditor General
Chapter 4: Re-allocation of Voted Funds
Chapter 6: Central Government Funding of Local Authorities
Chapter 7: The Housing Agency’s Revolving Acquisition Fund

9:30 am

Photo of Verona MurphyVerona Murphy (Wexford, Independent) | Oireachtas source

Does Mr. Doyle think it is logical to impose a residential land tax on zoned lands which are not being built on because of a viability issue and that, at 3%, depending on the value of the land, the imposition of that tax will reduce the cost of housing? He said earlier we have a viability issue, which means that, clearly, it is not affordable to build the houses, but now it is proposed that on the vacant site that is not being built on we should impose a land tax at a rate of 3% per annum that is not refundable - or, at least, currently not refundable. Does that sound logical? Does it sound like it would serve to reduce housing costs?

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