Oireachtas Joint and Select Committees
Tuesday, 26 November 2013
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Finance (No. 2) Bill 2013: Committee Stage
5:20 pm
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
To avail of this the premium has to be €1,000 for an adult, €500 for a child. As the insurance sector decides to increase the cost of premiums what is the extent of the vulnerability? I am not asking about where we are now based on the cost of premiums but, as the Minister rightly said, we do not decide how much tax we pay as a State, the insurance companies do because they can decide to increase the premiums and therefore the cost of the tax relief increases automatically.
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