It’s emerged the Finance Minister ignored warnings from officials in his Department before introducing tax breaks for landlords in the Budget.
A FOI request by Sinn Fein found Michael McGrath was advised against moves that would see landlords receiving a boost of 1 thousand euro a year by 2026.
The Minister said the measure was being introduced as a way to stop small landlords from leaving the market with 1 in 4 set to pay no tax on their rental income as a result.
Donegal Deputy Pearse Doherty is Sinn Fein’s Finance spokesperson. He says renters will have to pick up the slack as a result:
