Mattie McGrath
Question:139. Deputy Mattie McGrath asked the Minister for Finance if he will address a matter (details supplied) regarding the help-to-buy scheme; and if he will make a statement on the matter. [37680/17]
View answerMonday, 11 September 2017
Questions (139)
Written answers
Section 477C of the Taxes Consolidation Act is the legislation that provides for the Help-to-Buy initiative. The legislation states that in order for a first-time purchaser to be eligible for Help to Buy, he or she must enter into a contract with a Qualifying Contractor. If first-time purchasers do not purchase from a Qualifying Contractor, it is not an eligible house purchase.
For reasons of taxpayer confidentiality, I am advised by Revenue that they cannot comment on the tax affairs of an individual taxpayer or business. However, I am advised by Revenue that discussions designed to facilitate an application from the persons concerned under the Help-to-Buy scheme are being actively pursued.