Seanad debates

Thursday, 18 May 2023

Nithe i dtosach suíonna - Commencement Matters

Tax Code

9:30 am

Photo of Mary ButlerMary Butler (Waterford, Fianna Fail) | Oireachtas source

I again thank the Senator Byrne raising this issue. The Government is committed to supporting and encouraging workers and to reducing their income tax burden. As I outlined, significant progress has been made in recent budgets to deliver on the programme for Government income tax commitments. The summer economic statement, which will be published in coming weeks, will set out a budgetary framework within which budget 2024 can be delivered. It will also set out the overall parameters for the total tax package for budget 2024. As I have mentioned, officials from the Department of Finance are progressing the review of the personal tax system It will encompass a broad range of personal tax matters, including a further examination of the option of introducing an intermediate or third rate of income tax. The Minister for Finance will then consider the results of this review in due course.

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