Neasa Hourigan (Dublin Central, Green Party) | Oireachtas source

At recommendation 1.4 of Ireland's competitiveness challenge report, the NCPC recommends that the actions put forward by the Commission on Taxation and Welfare are addressed. In its reply, the Government has undertaken to consider changes in site value tax, or tax in general as it relates to land. Has the Taoiseach considered, or has there been significant consideration of, a site value tax, particularly as it relates to rates? As we know, the rates system at the moment is a significant barrier to business. It vests with the tenant and not with the owner of the property. A site value tax would allow those rates to vest with the owner and would remove significant barriers particularly for small to medium businesses in Ireland. Such a tax would also be likely to increase the take for local authorities.

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