Reducing tax on rental income among budget proposals for keeping landlords in the market

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 98%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Idea could face pushback from Department of Finance, but many see it as ‘meaningful measure to stanch the bleed of landlords’ leaving the market

‘I felt like I was begging. The emotional toll is huge’: Family carers seek overhaul of decades-old allowance in Budget

The source added that it would have to be a “substantial package” to make a meaningful difference. A second source said that proposals had not been agreed “but tax reduction is the request”. The Cabinet Committee on Health met on Monday evening, with the Department of Health blaming inflation and demand for rising costs.

Discussions are expected to continue between officials over the coming weeks, though ultimately the decisions will be made by politicians in advance of the budget. Ministers and senior officials are understood to have considered various options and the costs and impact of potential budgetary decisions.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in AU

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tax incentives and low finance scheme called for by banking body to encourage home retrofittingA new report on retrofitting published today by Banking and Payments Federation Ireland (BFI) has called for further government action to make retrofitting more affordable for homeowners
Source: IrishTimes - 🏆 3. / 98 Read more »

Finance at heart of measures to tackle climate changeIt is not always the case that diplomacy is carried out by the foreign ministries and prime minsters office. In these days of climate crisis, environment ministries are playing a bigger role in diplomatic efforts to craft global solutions to global challenges, writes Correspondent Sean Whelan.
Source: rtenews - 🏆 1. / 99 Read more »

Financial arm of the UN to launch gender finance charter in DublinMinister of State Jennifer Carroll MacNeill said the charter is ‘of global significance’ in financial services
Source: IrishTimes - 🏆 3. / 98 Read more »