Written answers

Thursday, 10 October 2019

Department of Finance

Help-To-Buy Scheme

Photo of Fiona O'LoughlinFiona O'Loughlin (Kildare South, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

105. To ask the Minister for Finance the plans to continue the help-to-buy scheme following its planned finish date at the end of 2019; and if he will make a statement on the matter. [41435/19]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

The Deputy correctly suggests that the measure, which is provided for in Section 477C of the Taxes Consolidation Act of 1997, currently includes a sunset clause of 31 December 2019.

In my Budget 2020 speech on Tuesday, I announced that I intend to amend the legislation to provide for an extension of the Help To Buy scheme, in its present form, for a further two-year period up to 31 December 2021. This extension aligns with the timeline envisaged for building more homes in Rebuilding Ireland.

Comments

No comments

Log in or join to post a public comment.