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Dáil Éireann Debate, Wednesday - 28 September 2016

Wednesday, 28 September 2016

Questions (127)

Michael McGrath

Question:

127. Deputy Michael McGrath asked the Minister for Finance the year one and full year cost of a 10% increase, for each group, in the group A, group B and group C capital acquisitions tax thresholds, respectively; and if he will make a statement on the matter. [27737/16]

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Written answers

I am advised by Revenue that the pre-Budget 2017 Ready Reckoner is available on the Revenue Statistics webpage at: http://www.revenue.ie/en/about/statistics/index.html. The estimates given on the Ready Reckoner for CAT changes are in respect of full year costs. The equivalent estimated first year costs being €15.3 million for Group A, €6.2 million for Group B and €1.2 million for Group C.

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