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Tax Credits

Dáil Éireann Debate, Friday - 7 September 2018

Friday, 7 September 2018

Questions (108)

Michael Healy-Rae

Question:

108. Deputy Michael Healy-Rae asked the Minister for Finance his plans to amend the earned income tax credit for farmers and increase it from its 2018 level of €1,150 to €1,650; and if he will make a statement on the matter. [35759/18]

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Written answers

The Programme for a Partnership Government contains a commitment to increase the Earned Income Credit to €1,650.

The Budget 2018 increase of €200 was a significant further step in that direction. 

The extent to which it may be possible to make further progress in this regard will depend on the overall resources available to me in the context of Budget 2019.  As the Deputy will appreciate, with just over four weeks to go to the Budget, I cannot give any specific indications of my intentions at this time. 

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