Tax Reliefs Costs

Dáil Éireann Debate, Friday - 16 September 2016

Friday, 16 September 2016

Questions (341)

Seán Sherlock

Question:

341. Deputy Sean Sherlock asked the Minister for Finance the potential cost of extending the capital gains tax restructuring relief beyond 31 December. [26237/16]

Written answers

Minister for Finance

I am advised by Revenue that information is not available on tax returns to facilitate the costing of the extension of the Capital Gains Tax Relief for Farm Restructuring. The Deputy may be interested to note, however, that it was estimated at the time of Budget 2015 that the extension of the relief for a further year would cost approximately €2.5 million.