Call for reduced Vat for new-home builders

Builders who sell new homes at affordable rates should pay reduced Vat, Fianna Fáil has suggested in the Dáil.

During a debate on housing, Fianna Fáil’s Barry Cowen suggested affordable housing was always a “key pillar” of the Government and implored Housing Minister Eoghan Murphy to bring forward a new affordable housing scheme.

Mr Cowen described the housing crisis as a “great national shame”.