Sinn Féin propose derelict site compound tax that could reach 35%

Sinn Féin housing spokesperson Eoin Ó Broin is calling for the existing derelict site tax to be increased by 50% every year, as part of efforts to tackle vacancy and dereliction across Irish cities and towns. File picture: Gareth Chaney/Collins

A new derelict site tax that could hit as high as 35% after five years has been proposed by Sinn Féin, as the party sets out its alternative housing plan.

The party’s housing spokesperson, Eoin Ó Broin, is calling for the existing derelict site tax to be increased by 50% every year, as part of efforts to tackle vacancy and dereliction across Irish cities and towns.