On Air Now Dave Harrington 4:00pm - 8:00pm Email
Now Playing Photograph Ed Sheeran Download

Dail Votes In Favour Of Housing Tax Exemption Clause For Cuckoo Funds

So-called cuckoo funds will be exempt from paying 10 per cent stamp duty if they lease the homes to local authorities.

The measure was voted through in the Dáil last night.
The tax measure was announced in May, after concerns were raised about institutional investors bulk-buying homes.
Sinn Féin's housing spokesperson, Eoin Ó Broin, is strongly criticising the government.

But the Finance Minister Paschal Donohoe told the Dáil last night the exemption's needed to ensure the supply of more social housing
 

More from East Coast FM Wicklow News

Later...

  • Ours To Protect

    8:00pm - 8:05pm

  • Ryan O'Neill

    8:05pm - 10:00pm

    Love Songs on the Coast

  • East Coast FM

    10:00pm - 1:00am

    Love Songs on the Coast

Co Wicklow Weather

  • Bray

    Light rain

    High: 13°C | Low: 9°C

  • Wicklow

    Light rain

    High: 14°C | Low: 9°C

  • Arklow

    Sunny intervals

    High: 15°C | Low: 8°C

  • Blessington

    Heavy rain shower

    High: 14°C | Low: 8°C

  • Baltinglass

    Low-level cloud

    High: 15°C | Low: 9°C

Listen Live Listen