Seanad debates
Thursday, 12 December 2013
Finance (No. 2) Bill 2013: Committee Stage (Resumed) and Remaining Stages
2:05 pm
Darragh O'Brien (Fianna Fail) | Oireachtas source
I move recommendation No. 10:
Section 8 amends the Taxes Consolidation Act 1997 to bring in new limits on the levels of insurance premiums where tax relief can be granted. This amounts to €1,000 per adult and €500 per child. On Second Stage, we had a long discussion with the Minister of State, Deputy Brian Hayes. He batted admirably for the Minister for Finance but he still could not convince me that this was something that would affect only gold-plated plans. He accused me of quoting the Minister for Finance out of context.
In page 22, line 23, after “proportionately.” to insert the following:“The amounts referred to above shall increase annually in line with medical inflation as measured by the consumer price index published by the CSO.”.
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