Written answers
Thursday, 2 February 2012
Department of Environment, Community and Local Government
Tax Code
5:00 pm
Aodhán Ó Ríordáin (Dublin North Central, Labour)
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Question 56: To ask the Minister for the Environment, Community and Local Government, in formulating plans for the new property tax, whether allowances will be made available for those homeowners who paid large amounts of stamp duty during the property boom; and if he will make a statement on the matter. [5718/12]
Phil Hogan (Carlow-Kilkenny, Fine Gael)
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The Government has decided to establish an Inter-Departmental expert Group to consider the structures and modalities for an equitable valuation based property tax. This Group will complete its work and make recommendations to me by end April 2012. Following consideration of the Group's recommendations, I will bring proposals to Government on the property tax as soon as possible. It will then be a matter for the Government to decide on the modalities of the property tax.
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