Fianna Fáil demands tax cuts for developers to solve housing crisis

Housing spokesman Barry Cowen says his party is demanding that the Vat rate for the construction industry be cut to 9 per cent for up to three years

Fianna Fail housing spokesman Barry Cowen

Builders and developers are in line for tax breaks worth hundreds of millions of euro under radical Fianna Fáil plans to build thousands of new homes.

In a major policy shift this weekend, the party’s housing spokesman Barry Cowen said his party is demanding that the Vat rate for the construction industry be cut to 9 per cent for up to three years in next month’s budget, for which the government will need ...