Dáil Éireann Debate, Thursday - 27 September 2018
73. Deputy Eamon Ryan asked the Minister for Finance the estimated cost of increasing the earned income tax credit from its 2018 level of €1,150 to €1,650 to match the PAYE credit; and if he will make a statement on the matter. [39305/18]
Amharc ar fhreagraThe estimated cost of increasing the Earned Income Tax Credit from €1,150 to €1,650 to match the PAYE Credit can be found on page 6 of the Revenue Pre-Budget 2019 Ready Reckoner, available at https://www.revenue.ie/en/corporate/documents/statistics/ready-reckoner.pdf .
The estimated first year cost is €68 million and the full year cost is €121 million.
