Friday, 6 September 2019

Questions (86)

Jonathan O'Brien


86. Deputy Jonathan O'Brien asked the Minister for Finance the estimated cost of lowering the €250 eligibility threshold for capital reliefs on individual donations to sports capital projects to €200; and if he will make a statement on the matter. [35188/19]

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Written answers (Question to Finance)

Section 847A of the Taxes Consolidation Act 1997 provides for Donations to certain sports bodies. The current eligibility threshold for donations to sports capital projects is €250. The relief is based on the entire donation, not just on the portion exceeding €250. The most recent data available, relating to 2017, indicate that the relief costs €0.3 million.

Revenue have advised me that it is not possible to estimate the cost impact of a reduction to €200 in the threshold as it is not possible to predict whether donor behaviour might change on foot of a lower threshold. For example, where new donors opt to only contribute the reduced minimum amount or where current donors opt to reduce their contribution to the minimum amount.