Written answers
Tuesday, 19 April 2005
Department of Finance
Tax Code
9:00 pm
John McGuinness (Carlow-Kilkenny, Fianna Fail)
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Question 256: To ask the Minister for Finance the cost to the State of the home carer's tax credit in 2005; the likely cost to the Exchequer of increasing the home carer's tax credit to that of the PAYE tax credit in 2005; and if he will make a statement on the matter. [12201/05]
Brian Cowen (Laois-Offaly, Fianna Fail)
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I am informed by the Revenue Commissioners that the full year cost to the Exchequer of the home carer tax credit is estimated to be of the order of €100 million. The full year cost to the Exchequer of the increase mentioned by the Deputy is estimated at approximately €59 million. These figures are provisional and subject to revision.
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