Dáil Éireann Debate, Thursday - 3 October 2013
79. Deputy Michael McGrath asked the Minister for Finance the yield that would be generated from standard rating the tax relief for expenses allowable to employees under Schedule E; and if he will make a statement on the matter. [41644/13]
Amharc ar fhreagraI am advised by the Revenue Commissioners that the full year yield to the Exchequer from confining relief for expenses allowable to employees to the standard rate of income tax for the year 2010, the most recent year for which the necessary estimates are available, would be of the order of €23 million. However, such a measure could not be considered without the application of similar tax treatment to the expenses allowable to self-assessed taxpayers.
