Dáil
‹ Ceisteanna—Questions. Oral Answers. - Revenue Loss on Tax Reliefs. VHI premium tax relief
Summary
The Minister estimated that tax relief on medical insurance premiums cost £4 million in a full year. Dr. Browne asked whether this brought subsidies to the private schemes to about £82 million, and the Minister referred him to the figures already given.
asked the Minister for Finance the estimated total tax revenue lost to the State by allowing tax relief on payments to the Voluntary Health Insurance Scheme for the last financial year for which figures are available.
Comment on this
The cost of allowing tax relief under section 145 of the Income Tax Act, 1967, in respect of medical insurance premiums is estimated at £4 million in a full year.
Comment on this
May I take it that there is a total of about £82 million being paid in subsidies to those private schemes?