Oireachtas Joint and Select Committees

Tuesday, 15 November 2022

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

Finance Bill 2022: Committee Stage (Resumed)

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I accept that there is extrapolation. I have explained to the Deputy the line of logic that has been used to get to the figure. However, I would not describe it as a guesstimate or guessing because this is the best source of information open to me. In any event, if we underestimated the number of tenancies that will be liable to receive the tax credit and it turns out that more than 400,000 will receive it, we will obviously still honour the proposal we have in the budget. That goes without saying. To go back to the final part of the analysis I shared with the Deputy earlier, when I explained to him that on the basis of extrapolation, we get to a figure of 382,000. We rounded that up to 400,000 tenancies. There is, therefore-----

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