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Michael Noonan speaking in the Dáil today.

Noonan says pyrite homes will be exempt from property tax

Noonan said the government is aware of the “very real cost and difficulties” faced by people whose homes are affected.

FINANCE MINISTER MICHAEL Noonan has said that householders with homes suffering from pyritic heave will receive a waiver from the Local Property Tax.

Speaking in the Dáil today, Noonan said the government is conscious of the “very real cost and difficulties faced by people whose homes have been affected by pyrite”.

“My colleague, Minister for Environment, Community and Local Government has indicated he considers that houses demonstrated to be subject to a certifiable level of pyrite should receive a waiver from the local property tax”, he said.

Welcoming the announcement, which he said he “lobbied” for, Minister Hogan said he was “glad that he [Noonan] has conceded to my request and he will address this issue in the context of the Finance Bill”.

“Affected homeowners have been waiting to get a resolution to this complex problem,” he said.

“This announcement today of where a waiver would apply in respect of pyritic heave is only one component of the complex process in providing for a solution to the pyrite issue.”

Hogan said he will be establishing a Pyrite Resolution Board and will be bringing further proposals to government shortly.

Read: Fine Gael TD calls for clarification on property tax for pyrite homes>

Read: Report vindicates belief that State is not responsible for pyrite problems – Hogan>

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