Róisín Shortall (Dublin North West, Independent) | Oireachtas source

Following on from Deputy Michael McGrath's question, I did not hear the full exchange but would like the Minister to clarify whether PRSI will apply to savings such that DIRT and PRSI combined will result in a tax rate of 45% on savings.

I agree that the approach is wholly unsatisfactory as a means of dealing with very significant budgetary proposals. No briefing at all has been provided. There is no explanatory memorandum for the seven Financial Resolutions. I agree with the point made by Deputy Joe Higgins that we need clarification on the exemption limits. Will they apply to the PRSI element that will now be applied to savings?

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