Oireachtas Joint and Select Committees

Tuesday, 17 November 2015

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Finance Bill 2015: Committee Stage

4:00 pm

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

That is the risk we took when we raised the cap from €80,000 to €150,000. These measures are monitored by Revenue. My understanding is that it has worked as intended and there is more investment now, although involving only small amounts of money, all of which are less than €150,000.

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