Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

In phasing out schemes such as this, we looked at similar decisions made in the past. In particular, we looked at company law. A phase-out period would be quite normal when credits such as this are being abolished.

Because it is partnerships and companies, there is a question of the jobs of employees in companies. If one moves too quickly and affects the profitability of companies, then it has implications for employees as well. It is a matter of best judgment.