Pearse Doherty (Donegal, Sinn Fein)
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350. To ask the Minister for Finance the first-year cost in 2025 of the VAT change for new apartment construction; and if he will make a statement on the matter. [55015/25]

Paschal Donohoe (Dublin Central, Fine Gael)
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This Budgetary measure has an estimated cost of €250 million to the Exchequer in 2026 with an estimated cost of €16 million in 2025. The Deputy will recall that the November/December VAT period falls into the following year.

These estimates are tentative and reflect a very prudent approach in relation to assumptions made. As data on actual sales of apartments is received the estimates may be revised. Officials will continue to monitor the relevant data as it becomes available.