Timmy Dooley
Question:77 Deputy Timmy Dooley asked the Minister for Finance when the tax relief for energy efficiency measures will be implemented (details supplied); and if he will make a statement on the matter. [16015/12]
View answerDáil Éireann Debate, Thursday - 22 March 2012
77 Deputy Timmy Dooley asked the Minister for Finance when the tax relief for energy efficiency measures will be implemented (details supplied); and if he will make a statement on the matter. [16015/12]
View answerSection 13 of Finance Act 2011 provided for income tax relief at the standard rate for expenditure incurred by individuals on a range of works carried out to improve the energy efficiency of residential premises situated in the State. The underpinning legislation for the scheme was subject to Commencement Order. However, that legislation, on review, was found to have flaws and would have required amendment before it could be implemented.
As part of the announcement in the Jobs Initiative last May, the Government undertook to provide further funding for the grants available under the Better Energy Homes scheme operated by the Sustainable Energy Authority of Ireland (SEAI). Because of these circumstances, I decided to review the requirement for a co-existing tax incentive for similar works and, following this review, I decided not to proceed with the introduction of the tax relief scheme.