Peadar Tóibín (Meath West, Sinn Fein)
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129. To ask the Minister for Finance the annual revenue that would be generated from increasing the tax rate for trust income to 30%. [25306/15]

Michael Noonan (Limerick City, Fine Gael)
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It is assumed that the Deputy is referring to the income generated by assets left in trust that is subject to Income Tax at the standard income tax rate. I am informed by the Revenue Commissioners that as income from trusts is aggregated in tax returns with other classes of income and cannot be separately distinguished there is no statistical basis on which an estimate of the yield requested can be provided. 

Peadar Tóibín (Meath West, Sinn Fein)
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130. To ask the Minister for Finance the annual cost to the Exchequer of broadening start-up relief for entrepreneurs to include self-employed taxpayers as well as pay-as-you-earn taxpayers. [25307/15]

Michael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that there is no statistical basis to enable them to estimate the cost of broadening the StartUp Refunds for Entrepreneurs scheme to self-employed taxpayers. For that reason an estimate of the cost of the proposal cannot be provided.

However, I would point out that the Start Your Own Business initiative is available to self-employed entrepreneurs who set up their own unincorporated business, having previously been unemployed for at least 12 months. This initiative provides an exemption from Income Tax on the first €40,000 of taxable profits for the first two years of trading.