Written answers
Monday, 9 September 2024
Department of Finance
Tax Reliefs
Michael Collins (Cork South West, Independent)
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352.To ask the Minister for Finance if it is possible to fund initiatives that encourage skilled Irish professionals, such as builders, teachers, doctors, and nurses, to return to Ireland from abroad by offering a five-year tax relief through the Special Assignee Relief Programme; and if he will make a statement on the matter.[35057/24]
Jack Chambers (Dublin West, Fianna Fail)
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Under section 825C to the Taxes Consolidation Act 1997, the Special Assignee Relief Programme (SARP) provides Income Tax relief for certain individuals assigned to work in the State during any of the tax years 2012 to 2025. The aim of the relief is to reduce the cost to employers of assigning skilled individuals from foreign-based operations to take up positions in the Irish-based operations of their employer or an associated company, thereby facilitating the creation of jobs and the development and expansion of businesses in Ireland.
As the Deputy will appreciate, proposals for the amendment of tax reliefs must be assessed in accordance with my Department's Tax Expenditure Guidelines. These make clear the importance that any policy proposal which involves tax expenditures should only occur in limited circumstances. In particular, they provide that a tax-based incentive should only be considered where it would be more efficient than a direct expenditure intervention.
Furthermore, any decisions regarding taxation measures are made in the context of the annual Budget and Finance Bill processes, at the appropriate time, and having regard to the sound management of the public finances.
I have no plans, at present, for a relief along the lines suggested by the Deputy's question.
Michael Collins (Cork South West, Independent)
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353.To ask the Minister for Finance if the category of other fermented beverages that is, up to 15% ABV and includes mead will be added to the recent small cider producer excise relief scheme and the small brewery scheme, that have had this for 18 years (details supplied); and if he will make a statement on the matter.[35185/24]
Jack Chambers (Dublin West, Fianna Fail)
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As the Deputy will 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.
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