Tánaiste says problems with land hoarding tax legislation could be resolved in time for budget

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Tánaiste says problems with land hoarding tax legislation could be resolved in time for budget
Jack-ChambersGed-Nash
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Discussions between Coalition partners follows major political row during summer over measures to exclude active farmers from impact of the tax

Minister for Finance Jack Chambers: he suggested the legislation on the land tax might have to be deferred because of the possible impact on farmers. Photograph Brian Lawless/PA Wire

The Residential Zoned Land Tax, introduced in last year’s budget, was deferred until February 2025. A major political row erupted between the Government parties in the summer when Minister for Finance Jack Chambers suggested the legislation might have to be deferred further because of the possible impact on farmers.

Mr Martin told Labour finance spokesman Ged Nash, who raised the issue during Leaders’ Questions, that “the mechanisms devised to enable farmers not to be covered have not worked” and discussions are under way between the three parties, led by the Minister for Finance.Leo Varadkar: ‘All trends point towards Irish unification in the next few decades’Mr Nash had referred to the ESRI’s conclusions that land comprises about 20 per cent of the final cost of a homes.

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