Michael Creed (Cork North West, Fine Gael)
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Question 164: To ask the Minister for Finance further to Parliamentary Question No. 82 of 29 March 2011, when the economic impact assessment referred therein will be published and when a commencement order bringing Section 13. of the Finance Act 2011 into effect will be signed; if it is still his intention to include replacement of windows and doors amongst the works which will be eligible for tax relief under the scheme; and if he will make a statement on the matter. [17657/11]

Michael Noonan (Limerick City, Fine Gael)
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Section 13 of Finance Act 2011 provided for income tax relief at the standard rate for expenditure incurred by individuals on a range of works carried out to improve the energy efficiency of residential premises situated in the State. The underpinning legislation for the scheme was subject to Commencement Order. However, that legislation, on review, was found to have flaws and would have required amendment before it could be implemented.

As part of the announcement in the recent Jobs Initiative, the Government undertook to provide further funding for the grants available under the Better Energy Homes scheme operated by the Sustainable Energy Authority of Ireland (SEAI). Because of these circumstances, I decided to review the requirement for a co-existing tax incentive for similar works and following this review, I have decided not to proceed with the introduction of the tax relief scheme. As the tax relief scheme will now not come into effect, there is no need to complete the economic impact assessment that was planned.