Dáil Éireann Debate, Tuesday - 21 October 2025
309. Deputy Pearse Doherty asked the Minister for Finance further to Parliamentary Question No. 350 of 14 October 2025, the cost of the VAT change for new apartment construction for apartments completed and sold in 2025; the cost of the VAT change for new apartment construction for apartments completed and sold in 2026; and if he will make a statement on the matter. [57149/25]
Amharc ar fhreagraThis Budgetary measure has an estimated cost of €250 million to the Exchequer in 2026 with an estimated cost of €16 million in 2025. The Deputy will recall that the November/December VAT period falls into the following year.
These estimates are tentative and reflect a very prudent approach in relation to assumptions made. As data on actual sales of apartments is received the estimates may be revised. Officials will continue to monitor the relevant data as it becomes available.
