I propose to take Questions Nos. 89 to 91, inclusive, together.
I am advised by Revenue that the first and full year cost of increasing Group A, B and C thresholds are outlined in the table.
Threshold A €310,000
|
First Year
|
Full Year
|
Increased to
|
€m
|
€m
|
€320,000
|
7.4
|
8.5
|
€330,000
|
13.8
|
16.0
|
€340,000
|
19.6
|
22.8
|
€350,000
|
24.8
|
28.9
|
Threshold B €32,500
|
First Year
|
Full Year
|
Increased to
|
€m
|
€m
|
€37,150
|
11.4
|
13.2
|
€42,150
|
22.1
|
25.7
|
Threshold C €16,250
|
First Year
|
Full Year
|
Increased to
|
€m
|
€m
|
€21,250
|
4.7
|
5.5
|
€26,250
|
8.5
|
9.9
|
The current Threshold B rate is €32,500 as of 12th October 2016.
Further information is available in the Post-Budget 2018 Ready Reckoner which is available on the Revenue Statistics webpage at https://www.revenue.ie/en/corporate/information-about-revenue/statistics/ready-reckoner/index.aspx. This Ready Reckoner shows a wide range of detailed information, including changes to the CAT rates and the Group thresholds.