Ivana Bacik (Dublin Bay South, Labour)
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260. To ask the Minister for Finance if the review of Ireland's personal tax system will be published in advance of the fiscal budget; and if he will make a statement on the matter. [42838/23]

Michael McGrath (Cork South Central, Fianna Fail)
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The Deputy will be aware that, as signalled in Budget 2023, the Government is committed to a review of the personal tax system, having regard to the medium term. The Department of Finance was tasked with carrying out this review.

On the 8th March, I launched a public consultation in respect of the review of the personal tax system, with the consultation period closing on 5 April. The terms of reference for the review were also published. In broad terms the review encompassed:

• A strong focus on the Programme for Government commitments relating to income tax and USC, such as indexation, and the progress made to date on achieving these commitments;
• Further analysis of the introduction of an intermediate or third rate of income tax, building on the work of last year’s Tax Strategy Group;
• Further analysis of the recommendations of the Commission on Taxation and Welfare directly relevant to income tax and USC; and
• An international comparative analysis of Ireland’s personal tax system compared to other jurisdictions.