Michael McGrath
Question:113. Deputy Michael McGrath asked the Minister for Finance the full estimate of the annual cost for 2014 of each tax expenditure on the Statute Book; and if he will make a statement on the matter. [32461/14]
View answerThursday, 17 July 2014
Questions (113)
Written answers
I am advised by the Revenue Commissioners that it is not feasible to estimate the cost of each tax expenditure on an ongoing basis. However, where identifiable, Exchequer costs of Income Tax and Corporation Tax allowances, reliefs, exemptions and tax credits are published in Table IT6 of the "Income Tax" chapter of the Revenue Statistical Report.
The Report is accessible on the Commissioners' website, 2012 is the most recent year available: http://www.revenue.ie/en/about/publications/statistical/2012/index.html
The Income Tax chapter in the 2012 Report shows the relevant information for the years 2010 and 2011. The necessary detailed information is not yet available for more recent years but updates will be published in due course.