Wednesday, 27 November 2019

Ceisteanna (98)

Martin Ferris

Ceist:

98. Deputy Martin Ferris asked the Minister for Finance the estimated amount it would cost in a full year if the threshold for both group B and group C of capital acquisitions tax increased by 10%; and if he will make a statement on the matter. [49376/19]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

I am advised by Revenue that information relating to the changes to the Capital Acquisitions Tax B and C thresholds is published on their Ready Reckoner. For convenience, the link to this is as follows: https://www.revenue.ie/en/corporate/information-about-revenue/statistics/ready-reckoner/index.aspx

Pages 17 and 18 shows the yield or cost of changes to the Capital Acquisitions Tax B and C thresholds. Where the exact changes sought by the Deputy are not provided, they can be estimated on a straight-line or pro-rata basis.