Oireachtas Joint and Select Committees

Thursday, 9 May 2019

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Matters Relating to the Banking Sector (Resumed): Ulster Bank

Mr. Paul Stanley:

In terms of overall tax we paid last year, which includes social contributions, corporation tax was €1.5 million and our VAT was €30 million. We paid payroll taxes and property taxes. We also paid the bank levy, which is relatively high for Ulster Bank. Taxes to the State, all told, were approximately €75 million under all those headings.

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