Written answers

Tuesday, 10 July 2018

Department of Finance

Help-To-Buy Scheme

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
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165. To ask the Minister for Finance his plans to extend the help-to-buy scheme beyond its end date; and if he will make a statement on the matter. [30047/18]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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Section 477C of the Taxes consolidation Act 1997 (Help-to-Buy Incentive) includes a sunset clause for the incentive coming into effect at the end of 2019.

As the Deputy will be aware, my Department has recently commissioned an independent Cost-Benefit Analysis of the incentive. The analysis is currently underway and is due to be completed in advance of Budget 2019. The findings of the analysis will, amongst other factors, inform any decisions on the future of the incentive.

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