Oireachtas Joint and Select Committees
Tuesday, 7 November 2023
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance (No. 2) Bill 2023: Committee Stage
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
That is correct. The benefit-in-kind will apply on the value over €45,000. When we come to the VRT issue there is a cap but with regard to benefit-in-kind it applies to the excess and it is reduced by €45,000.
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