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Tax Credits

Dáil Éireann Debate, Thursday - 6 July 2023

Thursday, 6 July 2023

Ceisteanna (194)

Richard Bruton

Ceist:

194. Deputy Richard Bruton asked the Minister for Finance the number of people who have benefitted from the earned income tax credit since its introduction, in tabular form. [33345/23]

Amharc ar fhreagra

Freagraí scríofa

I am informed by Revenue that the number of taxpayer units claiming the Earned Income Tax Credit and the Exchequer cost for the years 2016 – 2020, the latest year for which data are readily available, are as follows:

Year

2020

2019

2018

2017

2016

No. of Taxpayer Units

208,100

241,700

227,900

217,400

191,700

Cost (€m)

307.7

318.5

261.2

209.7

111.2

Further information on the cost and number of taxpayer units availing of tax expenditures can be found by consulting Revenue's 'Costs of tax expenditures' publication available on the Revenue website. www.revenue.ie/en/corporate/information-about-revenue/statistics/tax-expenditures/costs-expenditures.aspx.

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