Dáil Éireann Debate, Thursday - 30 November 2017
79. Deputy Michael McGrath asked the Minister for Finance the number of self-employed persons who will benefit from an increase in the earned income tax credit; and if he will make a statement on the matter. [51344/17]
View answer80. Deputy Michael McGrath asked the Minister for Finance the first and full-year cost of increasing the earned income tax credit from €950 to €1,650; and if he will make a statement on the matter. [51345/17]
View answerI propose to take Questions Nos. 79 and 80 together.
A Post-Budget 2018 Ready Reckoner is available on the Revenue Statistics webpage at https://www.revenue.ie/en/corporate/information-about-revenue/statistics/ready-reckoner/index.aspx. In relation to the Deputy's question, this Ready Reckoner shows a wide range of estimated costs including, on Page 6, the estimated cost to the Exchequer of changes to the earned income tax credit. The number of taxpayer units that would benefit from an increase in the earned income tax credit is of the order of 151,600.
