PQ 358
358. Deputy Michael Lowry asked the Minister for Finance concerning the current rate of tax concessions associated with tax relief for health insurance premiums, the present tax relief available is equivalent to the lesser of the following: 20% of the policy's cost or 20% of €1,000 which is equivalent to a maximum €200 credit, given the increased cost of health insurance premiums and as this tax concession currently stands at the basic income tax rate of 20%, would he consider reinstating it to the higher rate of 40% tax relief; and if he will make a statement on the matter. [16644/23]
Introduced
18 April 2023
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18 April 2023
Summary
358. Deputy Michael Lowry asked the Minister for Finance concerning the current rate of tax concessions associated with tax relief for health insurance premiums, the present tax relief available is equivalent to the lesser of the following: 20% of the policy's cost or 20% of €1,000 which is equivalent to a maximum €200 credit, given the increased cost of health insurance premiums and as this tax concession currently stands at the basic income tax rate of 20%, would he consider reinstating it to the higher rate of 40% tax relief; and if he will make a statement on the matter. [16644/23]
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Tax Code
Tax Code
xml · EN · 18 April 2023
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- Official source: https://www.oireachtas.ie/en/debates/question/2023-04-18/358/
- Open data entity: https://data.oireachtas.ie/ie/oireachtas/question/2023-04-18/pq_358