Dáil Éireann Debate, Wednesday - 20 February 2013
93. Deputy Michael Healy-Rae asked the Minister for Finance in view of the proposed tax incentive for persons living in cities included in the Finance Bill, if he will clarify where the incentive scheme for rural areas is. [9025/13]
View answerThe Deputy will be aware that the proposed Living City Initiative is a pilot project which seeks to encourage people back to the centre of Irish cities to live in buildings of historic and cultural importance as well as encouraging the regeneration of the retail heartland of central business districts. This modest pilot project is targeted at Waterford and Limerick cities, both of which were identified by Pobal as being the most disadvantaged urban areas in Ireland. As the proposed pilot Initiative will undergo a Cost Benefit Analysis and will require EU State Aid approval, it will be subject to a Commencement Order.
I would like to remind the Deputy that Finance Bill 2013 contains a number of measures which are specifically targeted at the rural community. The proposed stock relief measures for young trained farmers and for registered farm partnerships have been welcomed by the farming community. Proposals to extend the relief from stamp duty on transfers of agricultural land to young trained farmers have also been welcomed.
