Seán Kenny
Question:64 Deputy Seán Kenny asked the Minister for Finance the saving to the Exchequer if the income tax relief for the rent a room scheme was abolished; and if he will make a statement on the matter. [11945/12]
View answerThursday, 1 March 2012
Questions (64)
Written answers
On the basis of information provided in tax returns for the income tax year 2009, the latest year for which the most recent detailed information is available, the cost to the Exchequer of income tax relief for the rent-a-room scheme is estimated at approximately €5.6 million. On this basis the full year yield to the Exchequer of abolishing the tax relief would be of the same order.