Brendan Ryan
Question:55. Deputy Brendan Ryan asked the Minister for Finance if consideration has been given to rental income being allowable against the local property tax; and if he will make a statement on the matter. [51081/13]
View answerWednesday, 27 November 2013
Questions (55)
Oral answers (1 contributions)
The Inter-departmental group, chaired by Dr Don Thornhill, to consider the design of a property tax (the “Thornhill Group”) recommended that the Local Property Tax paid in respect of a rented property should be deductible for income tax or corporation tax purposes, in a similar manner to commercial rates. The Government accepted the recommendation of the Thornhill Group in principle, but has not considered the manner or the timing in which this will happen.