Simon Harris says the VAT cut for apartment builders will total "millions" and a small proportion of that will presumably go to completed apartments. Photograph: iStock

The Government’s VAT reduction to encourage the development of apartments has been “torn apart” by its own Parliamentary Budget Office for a “lack of evidence”, according to the Social Democrats housing spokesman. The claim was made during heated Dáil exchanges.

Rory Hearne alleged “billions” will be given to developers and investors for apartments that are already under construction.

Tánaist

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