Ireland considers tax breaks for apartment construction developers

The Irish Government is considering tax breaks for developers to encourage apartment construction, especially in Dublin. Minister for Housing James Browne stated that current conditions make building apartments unviable. Minister for Finance Paschal Donohoe cautioned against repeating past tax incentives that harmed the economy during the Celtic Tiger years. Browne acknowledged these concerns but emphasized the need to explore all options. To address construction delays, the Government has established a new Strategic Housing Activation Office. This office aims to streamline the planning process and improve coordination among local authorities and state agencies.