Jim O'Callaghan
Ceist:220. Deputy Jim O'Callaghan asked the Minister for Finance the estimated cost to increase the renters tax credit by €250, €500, €1,000 post the enactment of measures announced in Budget 2025. [41505/24]
Amharc ar fhreagraDáil Éireann Debate, Tuesday - 15 October 2024
220. Deputy Jim O'Callaghan asked the Minister for Finance the estimated cost to increase the renters tax credit by €250, €500, €1,000 post the enactment of measures announced in Budget 2025. [41505/24]
Amharc ar fhreagraI am advised by Revenue that the table below sets out the estimated costs of the proposals outlined by the Deputy. These costs are done on a post-Budget 2025 basis (i.e. the additional over the levels of the relief as increased in Budget 2025).
|
Proposed Credit Value in 2025 |
Estimated Additional Cost €m |
|
€1,250/€2,500 |
50 |
|
€1,500/€3,000 |
95 |
|
€2,000/€4,000 |
160 |
Note: figures are rounded to the nearest €5m.