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Tax Code

Dáil Éireann Debate, Tuesday - 19 July 2016

Tuesday, 19 July 2016

Questions (187)

Michael McGrath

Question:

187. Deputy Michael McGrath asked the Minister for Finance the projected yield from capping dwelling house relief at €250,000 and €300,000, respectively; and if he will make a statement on the matter. [22428/16]

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Written answers

I am informed by Revenue that the projected yield in Capital Acquisitions Tax to the Exchequer of capping the Dwelling House exemption could be in the region of €14 million and €10 million if the exemption was capped at €250,000 and €300,000 respectively, on the basis of the latest set of returns available to Revenue.

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