Dáil Éireann Debate, Wednesday - 27 November 2019
98. Deputy Martin Ferris asked the Minister for Finance the estimated amount it would cost in a full year if the threshold for both group B and group C of capital acquisitions tax increased by 10%; and if he will make a statement on the matter. [49376/19]
View answerI am advised by Revenue that information relating to the changes to the Capital Acquisitions Tax B and C thresholds is published on their Ready Reckoner. For convenience, the link to this is as follows: https://www.revenue.ie/en/corporate/information-about-revenue/statistics/ready-reckoner/index.aspx
Pages 17 and 18 shows the yield or cost of changes to the Capital Acquisitions Tax B and C thresholds. Where the exact changes sought by the Deputy are not provided, they can be estimated on a straight-line or pro-rata basis.
