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Dáil Éireann debate -
Wednesday, 10 Nov 1965

Vol. 218 No. 9

Ceisteanna—Questions. Oral Answers. - Stamp Duty on Property Sales.

10.

asked the Minister for Finance is he is aware of the substantially higher rate of stamp duty payable on a conveyance or transfer on sale of property in this country compared with that prevailing in Britain; and if, as an incentive towards encouraging an increase in number of owner-occupiers of houses, he will consider revising the stamp duty payable in such cases.

The answer to the first part of the Deputy's question is in the affirmative.

The matter raised in the second part of the question is one which would require Finance Bill legislation and the Deputy will appreciate that I cannot indicate in advance what proposals the next Budget Statement may or may not contain.

Can the Minister say whether this will be symathetically considered as an incentive towards owner-occupiers buying their own houses?

I think the Deputy can be assured that the Minister for Finance will consider all such cases in the light of the Budget conditions as they will arise in the coming year.

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