€315m lost due to controversial holiday-home tax breaks

The Exchequer has reportedly lost out on hundreds of millions of euro as a result of controversial tax breaks relating to seaside holiday homes.

€315m lost due to controversial holiday-home tax breaks

The Exchequer has reportedly lost out on hundreds of millions of euro as a result of controversial tax breaks relating to seaside holiday homes.

Reports this morning said the Seaside Resort Scheme, which allows people to write off the cost of holiday homes by the sea, had cost the State €315m in the past nine years.

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