Tax Code

Dáil Éireann Debate, Tuesday - 27 November 2018

Tuesday, 27 November 2018

Questions (159)

Pearse Doherty

Question:

159. Deputy Pearse Doherty asked the Minister for Finance the cost of equalising the earned income credit with the PAYE credit. [48966/18]

Written answers

Minister for Finance

I am advised by Revenue that the estimated cost of equalising the Earned Income Credit with the PAYE credit would be €72 million in a full year.

The estimated costs for increases to the Earned Income Credit are available on page 6 of the Revenue Ready Reckoner which is available on the Revenue website: https://www.revenue.ie/en/corporate/documents/statistics/ready-reckoner.pdf.