Oireachtas Joint and Select Committees

Thursday, 6 November 2025

Select Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach

Finance Bill 2025: Committee Stage (Resumed)

2:00 am

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)

A further piece of information I should have shared with the committee that might information members' thinking is the CSO has just released a publication - I apologise for coming in at this point - setting out a 30% increase in residential zoned land tax sold in 2024 compared with 2023 and 69% of the value of the land sold in 2024 was subject to the RZLT which first became payable in 2025. The median price was down 6% which is positive in relation to the costs of developing residential housing. That is a very good indication. I find it encouraging that despite the difficult issue we have had in land being used for farming but zoned for other purposes, the majority of the feedback is this will work in the medium term but I want to do more work on it.

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