Written answers
Thursday, 4 July 2024
Department of Finance
Tax Yield
Pearse Doherty (Donegal, Sinn Fein)
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244. To ask the Minister for Finance the revenue raised by introducing a 3% income tax surcharge, levied through the USC, on individual incomes with the respect to the portion above €140,000, in first- and full-year terms; and the estimated revenue raised in each of the years 2025, 2026, 2027, 2028 and 2029, respectively. [29029/24]
Jack Chambers (Dublin West, Fianna Fail)
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The Department of Finance has opened its pre-budget costings service, this is available with effect from 1 July 2024. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil Éireann. To ensure efficiency and fairness all costing requests should be made in this manner, via the standard request format template, instead of the Parliamentary Question system at this time.
Pearse Doherty (Donegal, Sinn Fein)
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245. To ask the Minister for Finance the estimated revenue that would be raised by removing tax personal, employee and earned income tax credits on a tapered basis from individual incomes between €100,000 and €140,000 at a rate of 2.5% per €1,000 above €100,000, in first and full year terms, and the estimated revenue raised in each of the years 2025, 2026, 2027, 2028 and 2029, respectively. [29030/24]
Jack Chambers (Dublin West, Fianna Fail)
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The Department of Finance has opened its pre-budget costings service, this is available with effect from 1 July 2024. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil Éireann. To ensure efficiency and fairness all costing requests should be made in this manner, via the standard request format template, instead of the Parliamentary Question system at this time.
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