Vacant sites tax should be higher than 3%, Government will be told

The report argues that the 3% tax may not be enough to disincentivise the hoarding of land

The report on urban regeneration will be published on Tuesday and says the forthcoming vacant site tax should be higher than the proposed 3% due to inflation. Picture: Larry Cummins

The Government should link a vacant sites tax to inflation, an Oireachtas committee will recommend.

The report on urban regeneration will be published on Tuesday and says the forthcoming vacant site tax should be higher than the proposed 3% due to inflation.