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

The cap is subject to the high earners restriction such that €80,000 was the maximum benefit that could accrue to an individual taxpayer. The argument put forward was that if these restrictions were not included there would be more investment and so for a third year period the cap was increased. We have not considered increasing the cap beyond the €150,000 for those reasons. This will apply for another year. The review in 2014 showed the average investment was less than €150,000. We will have a better idea at the end of 2016.