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Tax Credits

Dáil Éireann Debate, Wednesday - 16 October 2019

Wednesday, 16 October 2019

Ceisteanna (86)

Robert Troy

Ceist:

86. Deputy Robert Troy asked the Minister for Finance the first year and full year costs following the changes announced in budget 2020 of equalising the earned income credit with PAYE credit. [42371/19]

Amharc ar fhreagra

Freagraí scríofa

I am advised by Revenue that the first and full year costs of further increasing the Earned Income Tax Credit by €150, to equalise the level with the PAYE Credit, are estimated to be in the order of €20m and €35m respectively.

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