I propose to take Questions Nos. 84 and 86 together.
As regards Question No. 84, it is assumed that the Deputy is referring to the revised Entrepreneur Relief provided for in Section 597AA of the Taxes Consolidation Act 1997. I am advised by Revenue that the current lifetime limit applicable to this relief is €1 million in chargeable gains at a CGT rate of 10 per cent. The cost of increasing this limit to €11.5 million and €15 million as suggested by the Deputy would be approximately €48 million and €50 million respectively in a full year. This cost is based on claims in respect of Entrepreneur Relief that were included in 2016 tax returns and does not take account of any potential behavioural change.
As regards Question No. 86, it is not possible to separately identify on tax returns the amount of chargeable gains associated with unquoted shares. Therefore, there is no basis to cost the proposal as requested by the Deputy.