Living City Initiative
Seanad Éireann — 2020-10-08
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Sean Fleming (FF), Laois-Offaly

I would have said the 228 figure was low to start with but in terms of the number that successfully came out the far end and got some tax back, it was only 65. The scheme is generous in that those 65 applicants will get tax relief, on average, of approximately €7,500 for the next seven years. They get back approximately €50,000. That is not the way the scheme was designed but that is the average amount those who have come through the scheme have got. It is an average of €50,000 for those who have been approved but that is over a seven-year period, and most people cannot wait that long. I am giving the Senator that information but would it not be great if that €50,000 was front-loaded?

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/seanad/2020-10-08/debate/main
Retrieved: 2026-08-14T04:48:39+00:00
Sitting date: 2020-10-08