Written answers
Tuesday, 2 July 2019
Department of Finance
Fiscal Policy
Peter Burke (Longford-Westmeath, Fine Gael)
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195. To ask the Minister for Finance the estimated cost of reducing a tax by percentage points (details supplied); and if he will make a statement on the matter. [27697/19]
Paschal Donohoe (Dublin Central, Fine Gael)
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I am informed by the Revenue Commissioners that cost of reducing the rate of Capital Gains Tax (CGT) can be found in Revenue’s Ready Reckoner at the following link: .
For the Deputy's convenience, the following table presents this information.
| Reduction in the CGT Rate | Full Year € Million |
|---|---|
| From 33% to 32% | 37 |
| From 33% to 31% | 73 |
| From 33% to 28% | 183 |
Peter Burke (Longford-Westmeath, Fine Gael)
Link to this: Individually | In context | Oireachtas source
196. To ask the Minister for Finance the estimated cost of reducing a tax by percentage points (details supplied); and if he will make a statement on the matter. [27698/19]
Paschal Donohoe (Dublin Central, Fine Gael)
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I am informed by the Revenue Commissioners that the cost of reducing the rate of DIRT can be found in Revenue’s Ready Reckoner at link: .
For the Deputy's convenience, the following table presents this information.
| Reduction in the standard rate of DIRT | Full Year € Million |
|---|---|
| From 33% to 31% | 5 |
| From 33% to 29% | 10 |
| From 33% to 27% | 14 |
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