Michael Healy-Rae
Question:187. Deputy Michael Healy-Rae asked the Minister for Finance if the concerns of an organisation (details supplied) will be addressed in budget 2019; and if he will make a statement on the matter. [40099/18]
View answerTuesday, 2 October 2018
Questions (187)
Written answers
Decisions on the taxation matters referred to by the Deputy are made in the context of the annual Budget and Finance Bill process and the Deputy will understand that, with a week to go before Budget day, I cannot give any indications of my plans.
In relation to the Earned Income Credit, 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.
In relation to the farm deposit proposal and the proposed extension of income averaging, including the provision of an additional step out year, I have met with the organisation following receipt of its pre-Budget submission and I can assure him that all the proposals it has made are receiving detailed and careful consideration.