Oireachtas Joint and Select Committees

Wednesday, 18 September 2024

Committee on Budgetary Oversight

Pre-Budget Engagement

3:30 pm

Photo of Jack ChambersJack Chambers (Dublin West, Fianna Fail) | Oireachtas source

The current threshold has not moved for many years. Property prices have risen significantly. It is an issue for many families in communities throughout our country. Capital acquisitions tax is important. There is a separate campaign calling for its removal completely. It is important that it is there to have equity in our society. There is a necessity to examine the context we are in, the property prices that have changed and the feedback we all get in communities throughout the country where this is a serious pressure for certain people who are subjected to it in the context of the circumstances they face. We are considering this in the context of the budget.

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