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Tax Reliefs Costs

Dáil Éireann Debate, Friday - 16 September 2016

Friday, 16 September 2016

Ceisteanna (342)

Seán Sherlock

Ceist:

342. Deputy Sean Sherlock asked the Minister for Finance the potential cost to the Exchequer on extending income tax relief on land leases to family members in budget 2017 subject to strict criteria regarding farm transfer. [26238/16]

Amharc ar fhreagra

Freagraí scríofa

I am advised by Revenue that it is not possible to provide an estimated cost to the Exchequer of extending Income Tax Relief on land leases to family members. Information on Income Tax returns are not furnished in a manner which would enable the identification of taxpayers who would qualify under such a scheme or the amount of rental income to which relief would be applicable.

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