Tax Code
Dail Éireann — 2026-02-10
============================================================

Simon Harris (FG), Wicklow

Gabhaim buíochas le Deputies Butterly, Brennan and Callaghan. It is really good that we tease through and discuss this issue. We have various views on this and different parties have different commitments in their manifestos in relation to this. We have a programme for Government now. We need to work our way through all of this. I have to be honest with the House. Every year over the next four budgets there will be a pot and resource, subject to the economy continuing to be run well, that will be available for tax decisions, and there will be competing demands and views as to what best to do. There is personal income tax, capital tax and a whole variety of different issues. We will tease our way through that. However, over the course of those four budgets, we can achieve quite a lot together too. That is why I am committing to keeping capital taxation and the burden of capital taxation under review. To help the conversation perhaps, I will put some figures on the record. If we were to increase, for example, the group A thresholds to €500,000 from the existing €400,000, the cost of that is €86.6 million. If we were to bring everyone on threshold B into threshold A, in other words, up to €400,000, the cost of that is around €305 million. These are all budget ready reckoners as opposed to my views. Of course, there are costs associated with all of these but I take that point about families changing, care changing and the empowerment of individuals, and I will give further consideration to this in the time ahead.

---

Source: Houses of the Oireachtas. Licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/). The Official Report is revised after first publication; the fetch timestamp below identifies the version quoted.

Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2026-02-10/debate/main
Retrieved: 2026-08-14T04:54:36+00:00
Sitting date: 2026-02-10