Written answers
Tuesday, 30 April 2024
Department of Finance
Tax Rebates
Seán Canney (Galway East, Independent)
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229. To ask the Minister for Finance if he will consider introducing a VAT refund scheme for first time buyers of homes to help deal with the increased cost of construction; and if he will make a statement on the matter. [18891/24]
Michael McGrath (Cork South Central, Fianna Fail)
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As the Deputy will be aware, the VAT treatment of goods and services is subject to the requirements of EU VAT law with which Irish VAT law must comply. Under the EU VAT Directive it is not possible for Ireland to introduce a VAT refund scheme for first time buyers of homes.
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