Robert Troy
Question:79. Deputy Robert Troy asked the Minister for Finance the supports in place for first-time buyers who purchase a second-hand property specifically; and if he will make a statement on the matter. [28875/18]
View answerTuesday, 3 July 2018
Questions (79)
Written answers
With regard to taxation, Section 266A of the Taxes Consolidation Act 1997 provided for a repayment of Deposit Interest Retention Tax (“DIRT”) for first time purchasers in respect of any property, which included the purchase of a second-hand property. This section applied to purchases from 14 October 2014 to 31 December 2017 and provided a repayment of DIRT on savings up to a maximum of 20% of the purchase price of the property in the 48 months prior to purchase.
There are therefore no specific tax provisions which apply to purchasers of second hand domestic dwellings.