John Ellis
Question:106 Mr. Ellis asked the Minister for Finance if he will introduce a special tax incentive for the six Border counties in view of the preferential tax incentives available in Northern Ireland. [19212/95]
Vol. 460 No. 3
106 Mr. Ellis asked the Minister for Finance if he will introduce a special tax incentive for the six Border counties in view of the preferential tax incentives available in Northern Ireland. [19212/95]
Designation of towns and areas normally come under the Urban Renewal Scheme. The present Urban Renewal Scheme was introduced on 1 August 1994 and will operate for a three year period. The scheme applies to 35 cities and towns throughout the country including the towns of Letterkenny, Sligo, Monaghan and Dundalk.
Late last year, my colleague, Ms Liz McManus TD, Minister for Housing and Urban Renewal announced a comprehensive review of the entire urban renewal scheme to assess the experience gained over the last ten years. At that time, she said that until the outcome of this review was assessed no new areas or towns would be designated.