Pearse Doherty
Ceist:253. Deputy Pearse Doherty asked the Minister for Finance the estimated full-year revenue in 2021 that would be raised by abolishing the special assignee relief programme. [18763/20]
Amharc ar fhreagraTuesday, 28 July 2020
Ceisteanna (253)
Freagraí scríofa
I am informed by Revenue that the annual cost of the Special Assignee Relief Programme (SARP) for 2012 to 2017 (the most recent year for which data are available) is as follows:
|
Year |
€m |
|
2012 |
0.1 |
|
2013 |
1.9 |
|
2014 |
5.9 |
|
2015 |
9.5 |
|
2016 |
18.1 |
|
2017 |
28.1 |
Further information can be found at the following link:
https://www.revenue.ie/en/corporate/documents/research/sarp-report-2017.pdf.
It is not possible to estimate with any degree of reliability the likely savings that would accrue to the Exchequer in 2021 or in the years beyond that if the SARP were abolished.
The reason for this is that there are currently no data available that would enable such a calculation to be made. The Deputy will be aware that in Finance Bill 2018 I re-imposed an upper salary ceiling of €1 million on the relief with effect of 1 January 2019 for new entrants and for existing beneficiaries of the programme from 1 January 2020. Such data as are available within the system relate to years before 2019 (no cap existed between 2015 and 2019). It would therefore be necessary to assess the cost-saving impact of cap as well as taking account of evolution in the take up of the relief during the current year in order to estimate the savings that might arise in 2021 from the abolition of the programme.