Dáil Éireann Debate, Tuesday - 16 October 2018
155. Deputy Maureen O'Sullivan asked the Minister for Finance if there is some leeway under the living city initiative for a pre-1915 property just outside the catchment area at the gate of the house whose owners are anxious to refurbish it. [42004/18]
Amharc ar fhreagraAs the Deputy may be aware, in order to qualify for tax relief under the Living City Initiative, the property must be located wholly within a “special regeneration area”. This condition is provided for by s. 372AAB (1) of the Taxes Consolidation Act 1997 which provides as follows:
"qualifying premises' means a relevant house - (a) the site of which is wholly within a special regeneration area,"
I am advised by Revenue that a property that is located outside the special regeneration area cannot qualify for relief under the scheme.
