Oireachtas Joint and Select Committees

Wednesday, 17 November 2021

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance Bill 2021: Committee Stage (Resumed)

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The increase of the threshold to €50,000 and interest having gone right up there means we are not comparing like with like over time, but it is a big increase. The Minister mentioned that the list will become smaller and he talked about the benefits of that happening. I am not sure if I buy into that suggested benefit of tax defaulters being a little more worried because the list will be smaller and they will be more prominently named in it. I do not think that is what is going to happen here. If this took effect today, what percentage of people would come off the list? Would it be reduced by a quarter or a third? I am asking for a guesstimate, but the Revenue may have done that already.

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