Jennifer Murnane O'Connor (Carlow-Kilkenny, Fianna Fail)
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90. To ask the Minister for Finance if the threshold for voucher bonuses from employer to employer will be increased from €500 to €1,000; if it will be made available across at least two payments over 12 months (details supplied); and if he will make a statement on the matter. [29614/20]

Paschal Donohoe (Dublin Central, Fine Gael)
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Section 112B of the Taxes Consolidation Act 1997, usually allows one voucher per year up to the value of €500 to be given to an employee by his or her employer tax free, provided certain conditions are satisfied.

Where an employer wishes to recognise efforts of frontline or other key staff working during the COVID-19 crisis, either by accelerating part of a reward (voucher) usually paid later in the year, or making an additional voucher award, the requirement that only one voucher issues (as per s112B(1)(d)) has been waived concessionally by Revenue for the 2020 tax year, where the additional award is related to an employee's exceptional efforts during the COVID-19 crisis.

That said, as the Deputy may be aware, it is a longstanding practice of the Minister for Finance not to comment, in advance of the Budget, on any tax matters that might be the subject of Budget decisions.