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

That is substantially different. I had thought that this was just applying the legislation in practice. To clarify, is it being taxed as income, with the exemptions that exist in Irish law for lump sums applying? Is there an exemption up to €200,000, with 20% tax payable on the portion above up that to €500,000?

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