Mary Harney (Dublin Mid West, Progressive Democrats)

It is a range. I am going on anecdotal evidence but I believe this mainly applies to employees of financial institutions and perhaps to other employees. If one is on the standard rate of tax, one will pay 20% on the benefit and if one is on the higher rate of tax, one will pay 41% of it. One will still get 59% of the benefit, or 80% of it. There will still be a huge benefit. People will not be out of pocket.

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