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Dáil Éireann debate -
Wednesday, 12 Apr 1972

Vol. 260 No. 1

Written Answers. - Investment Allowances Rates.

192.

asked the Minister for Finance the net decrease in the estimated Exchequer revenue yield of an increase to 30 per cent of investment allowances rates in the designated areas.

The cost to the Exchequer of increasing from 20 per cent to 30 per cent the rate of investment allowance in respect of new machinery and plant used in the designated areas is estimated to be about £250,000 in a full year.

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