Dáil Éireann díospóireacht -
Wednesday, 29 Jan 1992

Vol. 415 No. 1

Written Answers. - Tax Relief.

Brian O'Shea

Ceist:

134 Mr. O'Shea asked the Minister for Finance if he will outline the amount of tax relief granted in each of the years 1988 to 1991 under (a) section 23 Finance Act, 1981 (reintroduced by section 27 Finance Act, 1988), (b) section 24 Finance Act, 1981 (reintroduced by section 27 Finance Act, 1988), (c) section 21 Finance Act, 1985 (reintroduced by section 28 Finance Act, 1988), and (d) section 22 Finance Act, 1985 (reintroduced by section 29 Finance Act, 1988); and if he will further outline the number of dwelling units involved in each category.

Minister for Finance (Mr. B. Ahern)

I am informed by the Revenue Commissioners that statistics are not available which would enable the information requested by the Deputy to be provided. However, using information supplied by the Department of the Environment on applications for relevant certificates received up to 31 December 1991, the Commissioners tentatively estimate that the cost of tax relief arising in 1990 and 1991 could be of the order of £2 million and £9 million respectively.

In view of the time-lag between the reintroduction of the relief and the incurring of a cost to the Exchequer, it is likely that the corresponding costs for 1988 and 1989 were relatively insignificant.