Oireachtas Joint and Select Committees

Tuesday, 20 September 2022

Joint Oireachtas Committee on Housing, Planning and Local Government

Private Rental Sector: Discussion

Mr. Patrick Davitt:

There is. If they sell it, there is the capital gains tax that they pay. It is as simple as that. What we are proposing here is a rollover relief so if they sell it and invest in another rental property, they will not be paying capital tax. It is like a deferment of the capital tax, if you wish.