Dáil debates

Thursday, 13 February 2025

Ceisteanna Eile - Other Questions

Tax Yield

3:20 am

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

The review was a compliance review undertaken by Revenue and therefore it would not publish a document in relation to that, respecting taxpayer confidentiality. However, it has indicated, as I shared with the Deputy, the tax payments that were made by that sector to the Exchequer over recent years. For 2023, that figure stands at €31.8 million. In 2017, that figure was €8.3 million. Therefore, there has been an increase in the tax paid.

We need a broader consideration of how we are going to deal with the housing needs that are so clearly there. I believe the Deputy acknowledges that in order to meet the housing needs which are only growing, the private sector must play a role. Part of how the private sector will do that is by allowing the savings and pensions in other parts of the world to be invested in providing homes here in Ireland.

We do need to deal firmly with tax compliance issues, as has been done, and we need to find ways by which more homes can be built.

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