Written answers
Thursday, 29 February 2024
Department of Finance
Tax Code
Mairéad Farrell (Galway West, Sinn Fein)
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166. To ask the Minister for Finance the total cost of the seafarers' allowance in the years 2021 and 2022; the total number of recipients per year; and if he will make a statement on the matter. [9759/24]
Michael McGrath (Cork South Central, Fianna Fail)
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Section 472B of the Taxes Consolidation Act 1997 provides for the Seafarers' Allowance which is intended to support those working in the commercial maritime sector.
I am advised by Revenue, that the estimated cost and number of claimants for the allowance for seafarers, for the years 2004-2021, are included in the ‘Cost of Tax Expenditures’ publication which is available on the Revenue website at www.revenue.ie/en/corporate/information-about-revenue/statistics/tax-expenditures/costs-expenditures.aspx.
The below table sets out the figures in respect of the 2021 year of assessment, the latest year for which fully analysed data are available.
I am further advised that figures for 2022 will become available in the coming months, once returns for that year have been fully processed and analysed.
Year | Cost (€m) | Number of claimants |
---|---|---|
2021 | 0.4 | 180 |
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