Dáil debates

Tuesday, 14 October 2014

Financial Resolutions 2015 - Budget Statement 2015

 

2:55 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

The Government is doing its part to overcome the challenges and remove the roadblocks to a fully functioning property market. It is up to the other stakeholders to follow suit.

There is a view that owners of zoned and serviced land are waiting for higher prices and that is why they are not taking steps to develop their land or sell it to others who will. I will launch a public consultation in the coming months on this issue and if it turns out to be a valid point of view, I will examine what taxation measures might be taken to penalise landowners who do not develop land that is already zoned and serviced.

Water Charges Relief

To alleviate the burden of the new water charges on working families across the country, income tax relief will be available at the standard rate in respect of water charges up to a maximum of €500 per household per year. The water charges relief will be worth up to €100 per household per annum when claimed in the following year.

Business and Enterprise

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