Oireachtas Joint and Select Committees
Thursday, 10 November 2022
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance Bill 2022: Committee Stage
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
In fairness, the Minister for Children, Equality, Disability, Integration and Youth is also making clear that the Minister has the ability to review the cut-off date. I do not have the detail with me today regarding the justification for that date, but it is clear that it can be reviewed. I offer full assurance to members of the committee regarding how this issue is being dealt with in the Finance Bill. Section 3(2) states:
A qualifying payment made to a qualifying individual which is made on or after 1 January 2023 shall be exempt from income tax and shall not be reckoned in computing the total income of the qualifying individual for the purposes of the Income Tax Acts.
We set a start date of 1 January next. There is no end date.
No comments