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Dáil Éireann debate -
Wednesday, 14 Oct 1987

Vol. 374 No. 1

Written Answers. - Tax Allowances.

79.

asked the Minister for Finance the net Exchequer cost in 1988 of increasing the personal tax allowance by £150 of a single person and £300 for a married couple from April, 1988.

The cost in 1988, in terms of income tax revenue foregone, is estimated at £47 million. This includes the estimated revenue effect of associated increases in the widowed person's allowance, the widowed parent allowance and the single parent allowance.

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