Less money for tax cuts due to changes to housing statistics
As a result of the decision by the Central Statistics Office, bank borrowings by approved housing bodies to fund the construction of social housing will be considered as part of the general government debt
The government’s efforts to solve the housing crisis will reduce the amount of money for tax cuts and spending increases in the coming years, The Sunday Business Post can reveal. This follows the announcement of a crucial decision on the accounting treatment of social housing expenditure which was confirmed last week.
As a result of the decision by the Central Statistics Office (CSO), bank borrowings by approved housing bodies (AHBs) to fund the ...
