Creche network would be paid for through property tax via a social cohesion fund
Renua Ireland has proposed that parents should be entitled to tax relief to help cover the cost of childcare.
In its latest policy proposal, the party said its long- term aspiration is for the creation of a network of community creche facilities across the State that provide good quality childcare at affordable prices.
This would be paid from a “social cohesion fund”, which itself would draw funds from property tax revenue.
In the interim, however, Renua has proposed a tax break for parents, which it estimates would cost the Exchequer €500 million a year.
“The scheme will be available to creche operators and parents on an opt-in basis,” the party said in a statement. “The tax relief will be shared with 20 per cent falling on the service provider and the remaining 80 per cent falling on the service user.”
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