Thursday, 20 June 2019

Ceisteanna (70)

Pearse Doherty

Ceist:

70. Deputy Pearse Doherty asked the Minister for Finance the estimated cost increasing to each of €3, €5 and €10 million the lifetime gains eligible for the entrepreneur relief 10% CGT rate. [25938/19]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

I am advised by Revenue that estimated costs of increases to the lifetime gains limit for Entrepreneur Relief from Capital Gains Tax are available on page 14 of the Revenue Ready Reckoner, which is available at https://www.revenue.ie/en/corporate/documents/statistics/ready-reckoner.pdf. While not all of the increases proposed by the Deputy are included in the Ready Reckoner, these can be estimated on a straight-line or pro-rata basis from those shown.