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much. It gives it to the billionaires but not to the workers. Similarly, there were big tax breaks in the budget for capital gains tax and corporate investment but the Government will not even talk to the nurses who are having to go out protesting, the council workers

tax package worth roughly €1.3 billion, including the wider tax bands, increased tax credits, higher rent tax credits and a reduction in capital gains tax. Many people will welcome these measures; no one is going to refuse a tax reduction. However, responsible policymakers should ask whether some portion

Deputy Dolan has said. Under deemed disposal, tax is levied eight years after an investment is made and every subsequent eight years, regardless of whether a disposal has in fact occurred. The tax is levied on any gain in the value of the investment from the date … that deemed disposal be removed in its entirety and that we reduce the associated tax rate to be in line with our capital gains tax rate. I accept it was easy for me to say, as I was not framing the budget, and a Minister for Finance

clear answer. The core issue here is one of fairness within our own tax system. An investor in individual shares pays capital gains tax at 33% and then only when they eventually sell those shares. However, an investor who chooses a diversified ETF, which is arguably the more

three of the big tax giveaways in the budget: the research and development tax credit extension, which is worth €118 million, the capital gains tax changes worth €186 million and the investment in corporate trades tax change which is worth €58 million. Those three measures are worth

hike up rents. These are large landlords that have already got sweetheart tax breaks on their rent roll and on their capital gains tax liability. Fianna Fáil on the side of the big boys: who would have thought it? Tá plean ann chun cíosanna ró-arda a ardú

because if we do not do that, we effectively have stealth taxes every year. We also need to index the calculation of capital gains tax. As things stand, this is actually a stealth tax every year that people are probably not fully aware of. The fair deal scheme

capital gains tax rate of 10%. We have also seen enhancements to the digital games tax credit and an expansion of the small companies administrative rescue process, SCARP, which will help viable small companies to restructure and survive. We are also backing innovation with regional gross capital

increased the research and development tax credit from 30% to 35% which is having a significant impact in inward investment. We revised capital gains tax, increasing the entrepreneur relief lifetime limit threshold from €1 million to €1.5 million. We increased the national minimum wage by 65 cent

research and development tax credits that play a role in supporting businesses in our economy. It referred to “Abolishing entrepreneur relief on capital gains tax” at exactly the time when we want our entrepreneurs to do more. It referred to phasing out the special assignee relief programme which

capital gains tax in section 36 was barely mentioned in the speech on budget day by the finance Minister, yet it removes €200 million from the tax base over the lifetime of the Government. That is €1 billion gone. There are tax cuts throughout the budget most people … investment undertaking tax, the life insurance exit tax and the taxes equivalent on offshore funds. The Commission on Taxation and Welfare was very clear. It recommended moving away from an over-reliance on taxing workers and towards greater taxation on wealth and capital, yet the Government is moving

tax credit through more attractive sub-contracting provisions, increased first-year payment thresholds and a reduced administrative burden. The reduction in the capital gains tax, CGT, rate from 33% to 31% will also support entrepreneurship and investment. A new AI Office of Ireland has been established. This office

also extends the scope of the credit to the development of post-release digital content. Section 49 enhances the existing capital gains tax revised entrepreneur relief by increasing the lifetime limit on gains to which the relief applies from €1 million to €1.5 million for disposals made from

people we represent who do get up early in the morning, who have no choice other than to pay their taxes, and who were abandoned by the Government last year to favour the hospitality sector. Now we are seeing another very significant transfer of wealth from … working people to those who by definition already own significant assets. There is also an argument that if the Government is cutting capital gains tax, there is some evidence over the years, and I am not saying that I am backing it, that if it is significantly

industries, increasing investment and employment in pharma, MedTech and engineering and other such areas in the coming decades; an increase in the capital gains tax; a revised entrepreneur relief lifetime limit, increased from €1 million to €1.5 million, at a rate of 10%; amendments to the digital games

Laoghaire–Rathdown, where family homes often exceed group A thresholds, ordinary families face capital acquisitions tax bills that do not reflect today’s property market. I support the focus on services and capital now but the next budgets should raise thresholds or otherwise ease the burden so that … approach or an opt-in deferral mechanism at disposal would simplify life for smaller savers and bring treatment closer to direct share capital gains tax. This Finance Bill backs jobs, investment and housing. It simplifies parts of the tax code, supports small businesses and helps households. I thank

major role for over 60 years, since the Governments of Seán Lemass and Jack Lynch introduced a pro-enterprise and outward-looking tax policy and committed us to seeking to become a trading nation. Multinational firms will continue to be an important and valued part of our economy … addressing the active disincentives to keeping businesses here and reinvesting capital gains from significant sales. That is why the reduction in capital gains tax is important and I am pleased to see that this has been widely welcomed by groups which are focused on building Irish businesses

This was also found to be unconstitutional. Contrast this with the current taxation system where partners are treated as strangers for capital acquisition tax purposes. This is wide open to a constitutional challenge to the current legislation. Obviously, I am aware that during the past week, the State … current taxation system. Where a partner makes a gift to his or her partner, this will give rise to both capital gains tax and a gift tax. If they were married, however, there would be no tax. The tax rate bands for married couples differ from those

this budget did target and benefit. We have seen cuts to capital gains tax, a cut to the exit tax on exchange-traded funds, ETFs, and an effective cut on inheritance tax. These are tax cuts that will disproportionately benefit the most well-off in our society. Every … young children, whether those children are in crèche, school or university. These families are not likely to have the kind of money or capital put away who will benefit from cuts in wealth taxes. What money they have is going on fuel bills, crèche fees and the cost

closes one of the loopholes in the domicile levy. That is welcome. However, the €200,000 charge is meant to make sure Irish tax exiles pay something towards this country. As the Minister of State well knows, compliance in recent years has been laughable. In 2010, 37 people … ensure that all those who benefit from this country pay their fair share. Section 66 raises the inheritance threshold. Section 36 cuts capital gains tax from 33% to 31%. Together, they are going to cost the taxpayer €234 million in the first full year. That is €234 million

heat their homes. Some of them are in low-income households. We and many others called on the Government to abolish the carbon tax on home heating oil, which would have saved households about €183 on a fill of their tanks. That is what the Government should have … measures. One measure alone will cost the taxpayer €183 million to give the wealthiest in this country relief on their capital gains tax. The Government will also do precious little to support people in relation to a cost-of-living crisis, particularly in regard to home heating

Government could have invested to lower bills, decarbonise the economy and improve living standards for all. It could have imposed a windfall tax on the companies and data centres that were profiteering during this energy crisis. It could have invested heavily in renewables and a retrofitting revolution … Yesterday's budget was pathetic and the Taoiseach owes people an explanation. Why is the Government spending more than €200 million on capital gains tax cuts for the wealthiest when hundreds of thousands are in arrears on energy bills? Why did the Government choose not to impose

from representatives of the Social Democrats, who in their pre-budget submission talked about choices. The proposal to reduce that 90% capital acquisitions tax agricultural relief to 70%, which they would say would generate €60 million, would cut to the heart of what we are trying … succession planning, the relief will be extended by four years instead of the normal three years for such measures. On farm restructuring, capital gains tax relief supports the reduction of farm fragmentation, which makes farms more efficient, contributing to both economic and environmental sustainability. This is matched with

committed to balanced regional development and supporting rural communities, as outlined in the programme for Government. Regarding fiscal supports, a range of tax-based enterprise supports are available to businesses and enterprises across the country, in particular SMEs. These incentives complement more regionally specific direct expenditure measures … sources by incentivising investment in SME start-ups. Another example is the revised entrepreneur relief, which provides a reduced 10% rate of capital gains tax on chargeable gains on the disposal of a qualifying business asset up to a lifetime limit of €1.5 million, a limit that

real world - will be delighted about the capital gains tax cut. That is a tax cut for business, but also for landlords. When they sell their second, third, fourth, fifth or sixth home, they will get a tax reduction. They will also be delighted by the extension … extra increase in the renter's tax credit. They cannot get the renter's tax credit at all because they are not properly classified as renters but the landlord, basically, will not pay any tax on it. It is incredible. They are also going to push up rent

James Geoghegan asked the Tánaiste and Minister for Finance to review correspondence from a constituent (details supplied) to support the reintroduction of capital gains tax rollover relief for individual investors; and if he will make a statement on the matter. [60408/26

Deputy Shay Brennan asked the Tánaiste and Minister for Finance in relation to capital gains tax and the exemptions that are available, the number of individuals/companies that actually paid the headline 33% rate in 2025; the amount that paid less than that; the exemptions that are mainly used

Deputy Seán Kyne asked the Tánaiste and Minister for Finance the length of time the annual capital gains tax personal exemption has been set at €1,270; and whether he has plans to increase it in Budget 2027. [55645/26

Deputy Barry Ward asked the Tánaiste and Minister for Finance his views on whether the existing level of capital gains tax acts as a disincentive to investment in the stock market; and if he will make a statement on the matter. [56609/26

Deputy Aidan Farrelly asked the Tánaiste and Minister for Finance to estimate the annual cost of raising the personal exemption on capital gains tax from the existing €1,270 per annum to €2,500 per annum. [57155/26

Deputy Aidan Farrelly asked the Tánaiste and Minister for Finance the estimated annual cost of capital gains tax relief under section 604A; and if he will make a statement on the matter. [57351/26

Deputy Michael Cahill asked the Tánaiste and Minister for Finance if he will review the current capital gains tax annual exemption threshold of €1,250, having regard to the fact that it has remained unchanged for several years and in view of increased cost of living pressures

Deputy Cathal Crowe asked the Tánaiste and Minister for Finance if he is considering a reduction in the capital gains tax rate from 33% to 25% for active business assets; and if he will make a statement on the matter. [39656/26

Deputy Edward Timmins asked the Tánaiste and Minister for Finance if he will reintroduce indexation for capital gains tax to eliminate this annual stealth tax; and if he will make a statement on the matter. [39883/26

Deputy Emer Currie asked the Tánaiste and Minister for Finance if he will consider reintroducing indexation for capital gains tax; and if he will make a statement on the matter. [38169/26

offsetting losses within the deemed disposal regime, including whether any review has been undertaken of this restriction in comparison with standard capital gains tax treatment. [33773/26

Deputy Edward Timmins asked the Tánaiste and Minister for Finance if he will consider the indexing of capital gains tax to take account of inflation; and if he will make a statement on the matter. [26898/26

Deputy Cian O'Callaghan asked the Tánaiste and Minister for Finance the amount of capital gains tax taken in as a result of the sale of company shares for each of the previous five years, in tabular form; and if he will make a statement on the matter

Deputy Emer Currie asked the Tánaiste and Minister for Finance the likely cost to the Exchequer of reducing capital gains tax by each 1% of a reduction. [17315/26

considered introducing a provision allowing losses realised under the deemed disposal regime on Exchange Traded Funds to be offset against capital gains tax liabilities on other assets; the estimated cost to the Exchequer of such a provision; and if he will make a statement on the matter. [17648/26

annual cost to the Exchequer of abolishing the deemed disposal regime on Exchange Traded Funds entirely and replacing it with a standard capital gains tax charge on actual disposal at the standard 33% rate; how this cost compares to the current annual revenue generated by the deemed disposal

Deputy Barry Ward asked the Tánaiste and Minister for Finance his views on whether the existing rate of capital gains tax acts as a disincentive for investment for Irish people; and if he will make a statement on the matter. [13135/26

Deputy Barry Ward asked the Tánaiste and Minister for Finance the position regarding any review of the existing rate of capital gains tax as part of the Government savings and investment strategy (details supplied); and if he will make a statement on the matter. [13136/26

Emer Currie asked the Tánaiste and Minister for Finance if he will consider abolishing the eight-year deemed disposal rule in the capital gains tax system; and if he will make a statement on the matter. [12585/26

Deputy Edward Timmins asked the Tánaiste and Minister for Finance to consider reintroducing indexation for capital gains tax; and if he will make a statement on the matter. [9949/26

neutral restructuring mechanism to allow Irish residents to transfer direct U.S. situs securities into Irish or EU regulated funds without triggering immediate capital gains tax, subject to anti-abuse safeguards. [10350/26

Aidan Farrelly asked the Tánaiste and Minister for Finance to explain the policy reasoning behind applying a higher-than-normal rate of capital gains tax to exchange-traded funds; and if he will make a statement on the matter. [7581/26

Deputy Cathal Crowe asked the Tánaiste and Minister for Finance if he will consider raising the personal exemption on capital gains tax from the existing €1,270 per annum; and if he will make a statement on the matter. [7058/26

Deputy Emer Currie asked the Tánaiste and Minister for Finance his view on abolishing the eight-year deemed disposal rule in the capital gains tax system; and if he will make a statement on the matter. [4789/26

Deputy Barry Ward asked the Tánaiste and Minister for Finance his views on whether the existing level of capital gains tax acts as a disincentive to investment in the stock market; and if he will make a statement on the matter. [66055/25