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Tax Reliefs Availability

Dáil Éireann Debate, Tuesday - 22 October 2013

Tuesday, 22 October 2013

Questions (147)

Billy Timmins

Question:

147. Deputy Billy Timmins asked the Minister for Finance in relation to the cap on the amount of premium on which tax relief is available on medical insurance introduced in the budget 2014, the saving to the Exchequer from same; and if he will make a statement on the matter. [44635/13]

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Written answers

An upper ceiling on the amount of medical insurance premiums that will qualify for tax relief, of €1,000 per adult and €500 per child was introduced in the Budget. The yield from this measure is estimated at €94 million in 2014 and €127 million in a full year. This information is available, along with all other Budget measures, on the website at www.budget.gov.ie.

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