Oireachtas Joint and Select Committees

Thursday, 24 June 2021

Committee on Budgetary Oversight

Tax Expenditures: Discussion

Photo of Aindrias MoynihanAindrias Moynihan (Cork North West, Fianna Fail) | Oireachtas source

Gabhaim buíochas as an gcur i láthair. I have been learning a great deal from listening to the earlier discussion. I am glad the points on inheritance tax and the concept of the upper limit have been clarified. Is there a view on the lower threshold available there? House prices have increased a good bit since those thresholds for the A,B and C bands were set a number of years ago. I am interested to know if there is a view on that.

On pensions, the witnesses touched on a bugbear of mine, which is the single pensioner. It is possible this person would have been part of a couple, but unfortunately when he or she is then a single person and down to one income, many of the same overheads are there. How could that be addressed? There is a particular vulnerability there for the single pensioner.

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