Written answers

Tuesday, 27 September 2016

Department of Finance

Tax Reliefs Application

Photo of Michael Healy-RaeMichael Healy-Rae (Kerry, Independent)
Link to this: Individually | In context | Oireachtas source

144. To ask the Minister for Finance his views on a matter (details supplied) regarding first-time buyers grants; and if he will make a statement on the matter. [26836/16]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source

The Government is conscious that there is a supply shortage of housing and of the challenges faced by first-time buyers in meeting the macro prudential rules for home loans. As a complement to the structural actions in the Action Plan for Housing and Homelessness published on 19thJuly 2016, a new tax-based 'Help to Buy' incentive was announced.

The Deputy has raised the situation of a person building a house of their own or what is termed as a "self-build".  The situation of self-builds and their eligibility for the Help-to-Buy incentive is being considered and your comments will be taken into account accordingly.

I will outline the full details of the incentive, including eligibility criteria and implementation method, on Budget day. 

Comments

No comments

Log in or join to post a public comment.