Cian O'Callaghan
Ceist:285. Deputy Cian O'Callaghan asked the Minister for Finance the estimated number of properties that are eligible to pay the vacant homes tax; and if he will make a statement on the matter. [13955/24]
Amharc ar fhreagraTuesday, 9 April 2024
Ceisteanna (285)
Freagraí scríofa
The Vacant Homes Tax (VHT) as announced in Budget 2023, aims to increase the supply of homes for rent or purchase to meet demand. Legislative provision for the tax was made in the Finance Act 2022. A residential property is in the scope of VHT, if it has been occupied as a dwelling for less than 30 days in a chargeable period.
The first chargeable period for VHT commenced on 1 November 2022, ending on 31 October 2023. The first self-assessed returns were due on 7 November 2023 and the tax was payable on 1 January 2024.
I am advised by Revenue that, as of 2 April 2024, the estimated number of properties that are eligible to pay vacant homes tax is approximately 3,500.