Simon Harris, the Taoiseach, has refuted the claim that the government has reversed course on the matter of double stamp duty on multi-unit purchases, reports RTE.
The government rejected a Sinn Féin plan to raise the tax to 17% earlier this year.
But Mr. Harris stated at the time that the tax’s efficacy need to be examined, reports RTE.
Speaking with reporters in Dún Laoghaire, Mr. Harris stated that it was crucial to continue reviewing the matter and that the action was the opposite of a U-turn.
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“It’s an appropriate way to do things, as I’ve consistently said in the Dáil since becoming Taoiseach. If you make changes to taxation, you generally do it through the budgetary process. Obviously, the three parties in Government will decide how best to address this, and the Budget will be delivered on 1 October,” reports RTE.
The Taoiseach expressed his satisfaction with the steps the government has taking to address the issue of bulk purchasing.
Mr. Harris continued, saying he had discussed the problem in writing with the Department of Finance and hoped to see progress in Budget 2025.
“They would have confirmed that they are carrying out a review. So, you know, we need to make sure every single tool at our disposal is being effectively used, and we always need to keep these matters under review that’s in the consistent position of the Government,” reports RTE.
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