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Dáil Éireann debate -
Tuesday, 31 Jan 1989

Vol. 386 No. 3

Written Answers. - Tax Concession Incentive Area.

54.

asked the Minister for Finance if he will make a statement on the progress which has been made in concluding the designation of a part of Tallaght, Dublin 24 as a tax concession incentive area; and if he will make a statement on the matter.

I made an order on 30 November under section 27 of the 1987 Finance Act which declared a specified area in Tallaght to be a designated area for the purposes of incentive tax reliefs for urban renewal provided for in the 1986 Finance Act. These reliefs comprise capital allowances for commercial buildings, an owner-occupier allowance for certain dwellings and a double rent allowance for commercial premises. The order also prescribed, in relation to this area, the period for the availability of these incentives, which is from 9 July 1987 until 31 May 1991.

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