Written answers

Tuesday, 15 July 2025

Department of Finance

Departmental Policies

Photo of Peter CleerePeter Cleere (Carlow-Kilkenny, Fianna Fail)
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341. To ask the Minister for Finance to outline the plans he has to offer tax incentives for developers to build affordable rentals; and if he will make a statement on the matter. [39336/25]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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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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