Dáil Éireann Debate, Thursday - 12 June 2025
297. Deputy Pearse Doherty asked the Minister for Finance the estimated cost of an €100, €500 and €1,000 increase respectively in the standard rate band; and if he will make a statement on the matter. [31761/25]
Amharc ar fhreagraThe Deputy may wish to note that a Post-Budget 2025 Ready Reckoner is available on the Revenue Statistics webpage at:
www.revenue.ie/en/corporate/documents/statistics/ready-reckoner.pdf
The Ready Reckoner shows a wide range of detailed information, including the estimated cost or yield to the Exchequer of widening the standard tax rate bands. These figures are based on 2025 estimates from the Revenue tax forecasting model using latest actual data for the year 2022, adjusted as necessary for income, self-employment, and employment trends in the interim. Revenue's Ready Reckoner will be updated in advance of Budget 2026, when updated data is available.
For the convenience of the Deputy, the relevant costs are set out below:
|
Increase |
First year €m |
Full Year €m |
|
€100 |
23 |
26 |
|
€500 |
112 |
128 |
|
€1,000 |
221 |
253 |
