Oireachtas Joint and Select Committees
Thursday, 20 July 2017
Committee on Budgetary Oversight
Summer Economic Statement: Discussion.
10:15 am
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
We have stated this is an objective that we want to fulfil. Deputy Boyd Barrett asked about the VAT rate, and my response was that I could not answer the question now because I have to make the announcement on budget day. The same applies to what we will do about the earned income tax credit. What the then Minister, Deputy Noonan, said was that over time he wanted to rebuild it so that it would have more equivalence to what happens with the equivalent rate in the PAYE sector. I share that objective, but like all other decisions, it will be made in the run up to the second Tuesday in October.
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