Dáil Éireann Debate, Tuesday - 21 April 2026
252. Deputy Cian O'Callaghan asked the Tánaiste and Minister for Finance the research his Department has carried out regarding the proposed investment scheme’s potential costs to the Exchequer; and if he will make a statement on the matter. [26782/26]
Amharc ar fhreagraThe Deputy has asked about the potential costs to the Exchequer of the new investment account announced by my Department on 31 March.
The intention of the new Investment Account is to make investing simpler, clearer and more accessible for ordinary people, allowing their money to work harder for them over time. Deposit accounts are the right choice for many people and for many needs, but they should not be the only practical option. I am determined to encourage investment in capital markets, giving households another path to long-term financial wellbeing, while also supporting growth and competitiveness in the wider economy.
Currently, my Department is aiming to legislate for the framework in 2026 and to allow accounts to be offered from 2027. Expert views will be taken into account to ensure that the model is designed in a manner that best fits the Irish economy and the needs of Irish households.
The potential costs of this account to the Exchequer will depend on the specific parameters of the account, which have yet to be finalised. Estimates of the Exchequer costs will be prepared as part of the Budget process.
