Written answers
Tuesday, 10 October 2023
Department of Finance
Tax Credits
Paul McAuliffe (Dublin North West, Fianna Fail)
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136. To ask the Minister for Finance the estimated cost of increasing the home carer tax credit to €2000 per annum. [44050/23]
Michael McGrath (Cork South Central, Fianna Fail)
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I am advised by Revenue that the estimated cost of increasing the home carer tax credit to €2,000, which represents an increase of €300 from its current value of €1,700 per annum, is approximately €22 million on a first year basis and €24 million on a full year basis.
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