Finance Bill 2025 [Certified Money Bill]: Committee Stage (Resumed)
Seanad Éireann — 2025-12-09
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Patricia Stephenson (SD), Labour Panel

I move recommendation No. 2:
In page 99, between lines 5 and 6, to insert the following:
“Report on tax expenditures for property developers
71. The Minister shall, within 6 months of the passing of this Act, prepare and lay before Seanad Éireann a report on the fiscal and housing-market effects of tax reliefs and incentives available to property developers, and on alternative approaches to achieving housing-supply objectives without such tax expenditures.”.
This is a very simple amendment. It simply seeks that within six months of the passing of this Bill, the Minister shall prepare and lay before Seanad Éireann a report on the fiscal and housing market effects of tax reliefs and incentives available to property developers and on alternative approaches to achieving housing supply objectives without such tax expenditures. I believe the Government thinks this is going to deliver radical change in the delivery of housing. I do not believe that. However, in the interests of evaluation, assessment and making a clear judgement call, this is simply having a report so that we can see. If the Minister of State believes the evidence is there and is credible that this is increasing housing supply and reducing costs for ordinary people so be it. Let us see that in the form of a report. I believe the public should know exactly who benefits from these tax breaks, how much they cost and what return the State receives. I think this will not work and the Minister of State thinks it will but having a report will be a very clear way for us to make that evaluation within six months so we can make that assessment.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/seanad/2025-12-09/debate/main
Retrieved: 2026-08-14T04:54:26+00:00
Sitting date: 2025-12-09