Oireachtas Joint and Select Committees

Wednesday, 1 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

Can I move onto in your last budget, in 2004? In your 2003 budget, you said about the tax allowances and all the various reliefs, "All of these schemes, without exception, are to end on the 31 December 2004". You said there was no justification. You came along then to your 2004 budget and you said:

Last year I announced the termination of a series of major tax reliefs from the end of 2004. Since then I have been bombarded by demands to revisit that policy, especially in the case of one particular relief.

So what I want to know is-----

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