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Dáil Éireann Debate, Tuesday - 18 October 2022

Tuesday, 18 October 2022

Ceisteanna (293)

Brendan Griffin

Ceist:

293. Deputy Brendan Griffin asked the Minister for Finance if he will address a matter (details supplied) regarding the capital allowance depreciation; and if he will make a statement on the matter. [51740/22]

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Freagraí scríofa

On Budget Day I announced my proposal for accelerated capital allowances for the construction of slurry storage facilities. The proposed measure would allow for 50% of eligible expenditure to be claimed over two years rather than the current eight.

The Government intends to legislate for this measure in the forthcoming Finance Bill. The points made in the details supplied with the Deputy's question have been noted.

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