Clare Daly
Question:114. Deputy Clare Daly asked the Minister for Finance to set out the cost to the Exchequer of the abolition of stamp duty for first-time buyers in each of the years for which that scheme was operational. [33469/16]
View answerTuesday, 8 November 2016
Questions (114)
Written answers
It is assumed that the Deputy is referring to the period from 31 March 2007 to 8 December 2010 during which first time buyers were entirely exempt from stamp duty. I am advised by Revenue that the following table shows the annual tax foregone as a result of this exemption.
|
Year |
Tax Foregone €m |
|
2010 |
79 |
|
2009 |
82 |
|
2008 |
179 |
|
2007 |
136 |