Tax Code

Dáil Éireann Debate, Thursday - 3 April 2014

Thursday, 3 April 2014

Questions (71)

Willie Penrose

Question:

71. Deputy Willie Penrose asked the Minister for Finance the reason a person (details supplied), has had their tax band reduced in respect of a deed of covenant which is payable in respect of their permanently incapacitated sibling from €20,000 to €3,256, notwithstanding that the person is a permanently incapacitated adult and has been paid for well over the minimum period of six years; if this reduction can be reviewed and increased back to its original level; and if he will make a statement on the matter. [15952/14]

Written answers

Minister for Finance

I am advised by the Revenue Commissioners that the named person's rate bands relating to a deed of covenant were inadvertently reduced for the 2014 Tax Year. This error has now been corrected and a revised Tax Credit Certificate will issue shortly to the person showing the correct rate bands. Revenue wishes to apologise for the error in this case.