Help-To-Buy Scheme

Dáil Éireann Debate, Tuesday - 2 July 2019

Tuesday, 2 July 2019

Questions (199)

Robert Troy

Question:

199. Deputy Robert Troy asked the Minister for Finance if the help to buy scheme will be extended beyond the end of 2019 or terminated at this point; if the scheme is to be terminated; if a replacement scheme will be brought into force; and the assistance which will be available to assist first-time buyers. [27835/19]

Written answers

Minister for Finance

The Help to Buy incentive (HTB) is scheduled to expire on 31 December 2019. This is provided for in Section 477C of the Taxes Consolidation Act 1997. As is normal practice, the role and operation of the incentive will be examined in the context of the forthcoming Budget and Finance Bill process. It would be premature at this point to anticipate the outcome of that examination.