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Snippet Contents:

We do not want to lose the pub from rural Ireland. It has a very important role to play.
In regard to the employment investment incentive scheme, I have spoken to a number of companies and financial advisers who are seeking an extension from three to five years of the minimum holding period. Some are growing industries, such as the Irish whiskey and distilling sector where a long holding period is a necessity. The extension to four years is welcome, even though it was not what the industry was seeking. We need to encourage industries and sectors which are recognised as world leaders and I admire the growth in whiskey distilling. It is a proven export product for which we are recognised and rewarded. It is a major help in our attempt to meet and surpass the food harvest 2020 targets of hitting €12 billion in exports of food and drink products. Irish whiskey has massive growth potential and needs continuous support.
The extension of the home renovation scheme to rental properties whose owners are liable for income tax is welcome and shows the positive nature and impact of the scheme to date. Many landlords are struggling to manage increasing costs and additional charges on top of hefty mortgages, therefore improvements to properties are down the lists of priorities. However, given the shortage of quality and suitable accommodation we need to incentivise landlords where possible to keep rental properties to an appropriate standard. I hope the officials and Minister will take on board the points of concern I raised today. I commend the Bill to the House.