Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I am satisfied with the Minister of State's response. I am sure he will acknowledge that by virtue of the change made in this budget, last year's change did not go far enough in that the increase then was from €1 million to €1.5 million and this has been increased this year from €1.5 million to €2 million, which is a significant improvement that has real practical benefits for businesses in terms of cash flow. I will accept that for now.