Oireachtas Joint and Select Committees

Thursday, 23 November 2023

Public Accounts Committee

Appropriation Accounts 2022
Vote 45 - Department of Further and Higher Education, Research, Innovation and Science
Financial Statements 2022: National Training Fund
Report on the Accounts of the Public Services 2022
Chapter 19: National Training Fund

9:30 am

Photo of Colm BurkeColm Burke (Cork North Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

Does Dr. O'Reardon accept that if I set up a business in the morning and spend €100,000 setting it up, I can write that off against tax? If I am investing in a future career I am not entitled to do that. I am not asking that the Department pay the cost of college fees. I am saying there is an incentive there to deal with it. A number of people involved in that area presented a detailed submission to the Department of Finance approximately four or five years ago. We could not make any progress on it. It showed there would be a net benefit to the State in what we were talking about.