Billy Kelleher
Ceist:177. Deputy Billy Kelleher asked the Minister for Finance if he will introduce reliefs for first-time buyers who are self-building; and if he will make a statement on the matter. [30223/16]
Amharc ar fhreagraTuesday, 18 October 2016
Ceisteanna (177)
Freagraí scríofa
The Deputy will be aware that I announced a "Help to Buy" initiative in the Budget, which will provide an income tax rebate to first time buyers to assist them in getting the deposit for their first home, as required under the Central Bank's macro-prudential mortgage rules. This scheme is open to both those who purchase a new build, and those who self-build, where these individuals meet the eligibility criteria of the scheme.
The full details of the incentive will be published in the Finance Bill.