Written answers
Tuesday, 15 July 2025
Department of Finance
Budget 2026
Paul Murphy (Dublin South West, Solidarity)
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123. To ask the Minister for Finance if he will continue to oppose introducing tax breaks for developers in Budget 2026; and if he will make a statement on the matter. [39418/25]
Paul Murphy (Dublin South West, Solidarity)
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146. To ask the Minister for Finance the property-related tax breaks he is considering introducing or expanding in Budget 2026; the concerns he has about property-related tax breaks from an equity and financial stability perspective; and if he will make a statement on the matter. [39419/25]
Paschal Donohoe (Dublin Central, Fine Gael)
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I propose to take Questions Nos. 123 and 146 together.
The issues in the Irish housing market are caused by a shortfall in supply due to demographic and economic growth outstripping the growth in new homes for more than a decade. An increase in the supply of new housing remains a priority aim of Government policy.
A range of tax-based measures are in place to support or encourage first-time buyers, renters and providers of housing such as the Help to Buy scheme, the Rent Tax Credit, the Vacant Homes Tax, the Residential Zoned Land Tax and the Residential Premises Rental Income Relief.
The Programme for Government commits to a new, all of government national housing plan to follow Housing for All, which is underpinned by a multi-annual funding commitment.
I will continue to work with my cabinet colleagues to ensure that any further interventions in the housing market are appropriately calibrated, represent the best use of scarce public resources and boost the supply of housing in both the public and private sectors.
As the Deputy will appreciate, decisions regarding taxation measures are made in the context of the annual Budget and Finance Bill processes, at the appropriate time, and having regard to the sound management of the public finances. It is a longstanding practice of the Minister for Finance not to comment in advance of the Budget on any tax matters which might be the subject of Budget decisions.
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