Written answers
Tuesday, 2 December 2014
Department of Finance
Tax Exemptions
Michael McGrath (Cork South Central, Fianna Fail)
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176. To ask the Minister for Finance if he will provide in tabular form the annual cost of the artists exemption tax relief in each year from 2005 to 2013; the number of persons benefitting in each year; his plans to review the scheme; and if he will make a statement on the matter. [45884/14]
Michael Noonan (Limerick City, Fine Gael)
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The information regarding the annual cost and numbers availing of the Artists' Exemption is set out in the table for the years 2005 to 2012, the most recent figures available. The fall in the cost of the exemption in recent years reflects both the introduction of an annual cap of €40,000 on the exemption since 2010 and the impact of the economic downturn on the incomes of artists.
Year | Cost of Artists Exemption - €m | Number of Claimants |
---|---|---|
2005 | 34.8 | 2,220 |
2006 | 65.9 | 2,890 |
2007 | 27.4 | 2,650 |
2008 | 21.8 | 2,630 |
2009 | 22.1 | 2,590 |
2010 | 9.6 | 2,350 |
2011 | 5.5 | 2,520 |
2012 | 4.8 | 2,490 |
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