As with all proposals to change reliefs relating to property, there are a number of considerations which must be taken into account to correctly target the measure and ensure its success. As the Deputy will know, all tax reliefs and incentives are subject to regular review as part of the annual Budget and Finance Bill process. Any decisions taken by the Government in this regard are usually announced on Budget Day.
As the Deputy will also appreciate, I receive numerous requests for the introduction of new tax reliefs and the extension of existing ones. I must also be mindful of the public finances and the many demands on the Exchequer. Tax reliefs, no matter how worthwhile in themselves, reduce the tax base and make general reform of the tax system that much more difficult.