Written answers
Thursday, 10 October 2019
Department of Finance
Help-To-Buy Scheme
Fiona O'Loughlin (Kildare South, Fianna Fail)
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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]
Paschal Donohoe (Dublin Central, Fine Gael)
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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.
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