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Tax Reliefs Costs

Dáil Éireann Debate, Tuesday - 17 May 2016

Tuesday, 17 May 2016

Questions (218)

Seán Haughey

Question:

218. Deputy Seán Haughey asked the Minister for Finance the cost of the rent-a-room relief scheme after the income limit was increased from €12,000 to €13,750; and if he will make a statement on the matter. [10440/16]

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Written answers

The current annual limit for Rent A Room relief, as provided for in Budget 2015, is €12,000.

I assume the Deputy is enquiring as to how much it would cost to increase this limit to €13,750. On that basis, I am advised by the Revenue Commissioners that it is tentatively estimated that the cost of such an increase would be approximately €0.4 million.

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