Oireachtas Joint and Select Committees
Tuesday, 17 November 2015
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Finance Bill 2015: Committee Stage
4:00 pm
Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source
It is not self assessment. To get the relief, one must get approval from Revenue. Revenue knows the high income earners governed by the relief. That is not to say that it would not approve the relief but at least it knows what it is doing. As I said, this measure is monitored by Revenue and reliefs have to be approved individually.