Dáil debates

Thursday, 10 March 2005

Finance Bill 2005: Report Stage (Resumed) and Final Stage.

 

11:00 am

Paul McGrath (Westmeath, Fine Gael)

Deputy Burton has made a worthwhile proposal and it should be acted upon in the interests of accountability. What is the uptake by schools of the tax break in question? Unfortunately, they have not sufficiently tapped into the facility by which highly tax efficient subscriptions can be made to local schools. Perhaps highlighting it will encourage members of the public to avail of it. If an individual paying tax at the 42% rate subscribes €290 to his or her local school, Revenue will provide a further €210, bringing the contribution to €500. Does the Minister have details on the uptake of this under-used facility?

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