Wednesday, 2 October 2019

Questions (113, 114)

Robert Troy

Question:

113. Deputy Robert Troy asked the Minister for Finance the estimated first year and full-year cost of a proposal by an organisation (details supplied). [40101/19]

View answer

Robert Troy

Question:

114. Deputy Robert Troy asked the Minister for Finance the estimated first year and full-year cost of a proposal by an organisation (details supplied). [40104/19]

View answer

Written answers (Question to Finance)

I propose to take Questions Nos. 113 and 114 together.

I am advised by Revenue that information is not available on tax returns that separately identifies business assets and share disposals from other qualifying assets for retirement relief. Also, to estimate the cost of the proposals would require information on the gains made on disposal of the assets. For these reasons, it is not possible to accurately estimate the cost associated with removing the caps as outlined by the Deputy.