Tax Code

Wednesday, 17 May 2023

Questions (41)

Richard Boyd Barrett

Question:

41. Deputy Richard Boyd Barrett asked the Minister for Finance the estimated full-year cost of increasing tax bands by 10%; and if he will make a statement on the matter. [23530/23]

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Written answers

I am advised by Revenue that the estimated costs to the Exchequer, on a first and full year basis, for the proposal outlined by the Deputy of increasing the tax bands by 10% are €810 million and €935 million respectively.