300 object to proposed ending of property reliefs

SOME 300 submissions were received by the Department of Finance over its budgetary plans to axe Section 23-type property reliefs, it was confirmed yesterday.

In last December’s 2011 budget then minister for finance Brian Lenihan announced the ending of the property reliefs.

However, in the period between the budget and the Finance Bill where Minister Lenihan opted not to proceed with ending the reliefs, the department received 300 submissions.