Dáil Éireann Debate, Thursday - 13 July 2023
280. Deputy Pearse Doherty asked the Minister for Finance the tax reliefs/expenditures set to expire at end-2023; the cost of their extension for 2024, and the cost, if any, within the base for each in 2024. [34892/23]
View answerThe following tax expenditures have a sunset clause of end-2023:
• Sea-going naval personnel credit
• Reduced rate of USC for medical card holders
• Consanguinity relief
• Relief from VRT for electric Vehicles
• Accelerated Capital Allowances for Energy Efficient Equipment
In relation to costings it should be noted that the Department of Finance has opened its pre-budget costings service, this is available with effect from 3 July 2023. The procedures for availing of this service are set out in a letter dated 3 July 2023 from the Secretary General of the Department to all recognised parties and technical groups in Dáil Éireann. To ensure efficiency and fairness all costing requests should be made in this manner, via the standard request format template, instead of the Parliamentary Question system at this time.
The Budget package cost of extending measures with sunset clauses will be set out in the Budget Day documentation. If these measures were to be extended beyond 2023 these estimates would be subject to revision based on the latest available data. As the Deputy will be aware that it is a longstanding practice of the Minister for Finance not to comment, in advance of the Budget, on any matters that might be the subject of Budget decisions.
