The Minister for Finance has launched a public consultation on Ireland’s system of personal tax.

Minister Michael McGrath said that the Government was committed to a review of taxes on income, which were the largest annual source of revenue for the Exchequer.

He added that the personal-tax system also had an important role in supporting a competitive economy.

The consultation period is running from Wednesday 8 March to Wednesday 5 April.

Interested stakeholders are being invited to give their views on the questions detailed in the public consultation document.

Policy analysis

As well as giving views on the questions, respondents are being asked, where appropriate, to provide some analysis of the cost or yield to the State of any suggestions or proposals.

“Please note that the review is concerned with the policy aspects relating to the structure of the personal-tax system, rather than administrative aspects of the system itself,” the Department of Finance advises.

The preferred means of response is by email, to personaltaxreview@finance.gov.ie, but submissions are also being accepted by post to: Personal Tax Policy Review, Tax Division, Department of Finance, Government Buildings, Upper Merrion Street, Dublin 2, D02 R583.