Dáil Éireann Debate, Tuesday - 26 May 2015
304. Deputy Pearse Doherty asked the Minister for Finance the nominal value of the 2% indexation of the income tax system, as referred to in the 2015 stability programme update for the years 2016 to 2020. [20645/15]
Amharc ar fhreagraIn relation to the fiscal outlook post 2016 projections, the 2015 Stability Programme Update incorporates a technical assumption in respect of the income tax system. The assumption allows for the indexation of the income tax system of around 2 per cent, which is in line with the medium-term increase in non-agriculture wages and equates to a nominal value of approximately €300 million in respect of each full year.
