Michael Noonan (Limerick City, Fine Gael)
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The websites of the principal ones never give any credit to the taxpayers. They put up the premium as if there was no contribution, so the taxpayer paid €200 of the €1,000 premium on a 20% basis. If €800 goes to €1,000 and the extra payment is 20% of €200, that comes to €40, which 5%. That increases as the cost goes up. As the tax relief is capped if somebody pays a premium of €2,000 it would be 20% of €1,000, if that is what the person was on.