Billy Kelleher (Cork North Central, Fianna Fail)
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63. To ask the Minister for Finance the cost in a full year based on latest data for a proposal (details supplied). [49914/18]

Paschal Donohoe (Dublin Central, Fine Gael)
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Companies are entitled to claim capital allowances in respect of certain capital expenditure, including expenditure on qualifying plant and machinery, intangible assets and industrial buildings. For example, plant and machinery is generally written down at a rate of 12.5% per year over 8 years.

I am informed by Revenue that information is not available on tax returns in respect of the annual amount of capital expenditure by companies on fixed assets. For this reason, it is not possible to provide an estimate of the cost of the proposal for a 100% first year allowance for smaller companies based on available Revenue data.