Peter Mathews
Question:48 Deputy Peter Mathews asked the Minister for Finance his views on a matter (details supplied) regarding tax relief; and if he will make a statement on the matter. [28007/11]
View answerThursday, 6 October 2011
Questions (48)
Written answers
I assume the Deputy is referring to a proposal to introduce tax relief for construction work completed on private homes. Tax relief on interest paid is already available for qualifying home loans. A qualifying home loan is a loan used for the purchase, repair, development or improvement of an individual's principal private residence.
In addition, as part of the recent Jobs Initiative, the Government provided further funding for the grants available from the Sustainable Energy Authority of Ireland (SEAI) for energy efficiency works completed in homes. These grants are only available where approved contractors are employed to complete the relevant works. I have no plans to introduce an additional tax incentive in this area.