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Written Answers — Department of Finance: Tax Yield (4 Jul 2024)

Jack Chambers: The Department of Finance has opened its pre-budget costings service, this is available with effect from 1 July 2024. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil Éireann. To ensure efficiency and fairness all costing requests should be made...

Written Answers — Department of Finance: Financial Instruments (4 Jul 2024)

Jack Chambers: I propose to take Questions Nos. 203, 204 and 205 together. I assume the Deputy is referring to net Exchequer expenditure. Transfers to the SIF do not come out of the Central Fund and net Exchequer expenditure does not include transfers to the SIF. Transfers to the SIF come from PRSI receipts. As set out in the Ministers and Secretaries Act 2011, expenditure from the NTF forms part of...

Written Answers — Department of Finance: Departmental Data (4 Jul 2024)

Jack Chambers: I propose to take Questions Nos. 206 and 207 together. The general government comprises the sub-sectors of central government, local government, and social security funds. Non-commercial semi-state bodies (NCSSBs) are classified within the central government subsector (S1311). The Central Statistics Office (CSO) is responsible for the compilation of the general government deficit and...

Written Answers — Department of Finance: Fiscal Policy (4 Jul 2024)

Jack Chambers: The Future Ireland Fund and Infrastructure Climate and Nature Fund Act 2024 was enacted on 18 June 2024. My officials are working with the Office of the Attorney General on the necessary commencement statutory instrument, which provide for the establishment of the two new funds. By the end of this year, on the basis of the transactions outlined below, over €10 billion will be...

Written Answers — Department of Finance: Tax Code (4 Jul 2024)

Jack Chambers: The Help to Buy (HTB) Scheme was introduced in 2017 with the purpose of assisting first-time buyers with the deposit required to purchase or self-build a new house or apartment to live in as their home. The relief is only available in respect of new builds, with a view to increasing the supply of new housing and stimulating demand. The incentive gives a refund of Income Tax and Deposit...

Written Answers — Department of Finance: Tax Data (4 Jul 2024)

Jack Chambers: I propose to take Questions Nos. 210, 211, 212, 213, 221 and 230 together. The Department of Finance has opened its pre-budget costings service, this is available with effect from 1 July 2024. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil...

Written Answers — Department of Finance: Tax Data (4 Jul 2024)

Jack Chambers: The Department of Finance has opened its pre-budget costings service, this is available with effect from 1 July 2024. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil Éireann. To ensure efficiency and fairness all costing requests should be made in...

Written Answers — Department of Finance: Tax Data (4 Jul 2024)

Jack Chambers: The Department of Finance has opened its pre-budget costings service, this is available with effect from 1 July 2024. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil Éireann. To ensure efficiency and fairness all costing requests should be made...

Written Answers — Department of Finance: Tax Data (4 Jul 2024)

Jack Chambers: I propose to take Questions Nos. 216 and 227 together. The Department of Finance has opened its pre-budget costings service with effect from 1 July 2024. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil Éireann. To ensure efficiency and...

Written Answers — Department of Finance: Tax Data (4 Jul 2024)

Jack Chambers: I am advised by Revenue that the distribution of liable residential property owners, as indicated in respect of Local Property Tax records for the valuation period 2022-2025, is set out in the table below. This breakdown of property owners reflects those with an LPT liability and excludes Local Authority, Approved Housing Bodies and exempt properties. These figures are provisional and subject...

Written Answers — Department of Finance: Tax Data (4 Jul 2024)

Jack Chambers: The Department of Finance has opened its pre-budget costings service, this is available with effect from 1 July 2024. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil Éireann. To ensure efficiency and fairness all costing requests should be made in...

Written Answers — Department of Finance: Tax Data (4 Jul 2024)

Jack Chambers: I propose to take Questions Nos. 219, 220 and 233 together. The Department of Finance has opened its pre-budget costings service, this is available with effect from 1 July 2024. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil Éireann. To...

Written Answers — Department of Finance: Tax Data (4 Jul 2024)

Jack Chambers: The Department of Finance has opened its pre-budget costings service. This is available with effect from 1 July 2024. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil Éireann. To ensure efficiency and fairness all costing requests should be made in...

Written Answers — Department of Finance: Tax Data (4 Jul 2024)

Jack Chambers: According to the preliminary Census figures released in June 2022, 166,752 vacant dwellings were recorded in Census 2022. The preliminary information also provided a breakdown by reason, this is available at: www.cso.ie/en/releasesandpublications/ep/p-cpr/censusofpopul ation2022-preliminaryresults/housing/ It should be noted that the Census measure of vacancy is a point in time...

Written Answers — Department of Finance: Housing Schemes (4 Jul 2024)

Jack Chambers: The Department of Finance has opened its pre-budget costings service, this is available with effect from 1 July 2024. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil Éireann. To ensure efficiency and fairness all costing requests should be made...

Written Answers — Department of Finance: Tax Data (4 Jul 2024)

Jack Chambers: The Department of Finance has opened its pre-budget costings service. This is available with effect from 1 July 2024. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil Éireann. To ensure efficiency and fairness all costing requests should be made in...

Written Answers — Department of Finance: Tax Data (4 Jul 2024)

Jack Chambers: The latest data from the Central Bank of Ireland's Quarterly Financial Accounts show that the net wealth of Irish households increased by €33.2 billion in the quarter to reach a high of €1,113 billion in Q4 2023. These data show that the majority of household wealth is held in the form of households’ main residence, with the main driver of recent increases being positive...

Written Answers — Department of Finance: Pension Provisions (4 Jul 2024)

Jack Chambers: The Department of Finance has opened its pre-budget costings service, this is available with effect from 1 July 2024. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil Éireann. To ensure efficiency and fairness all costing requests should be made...

Written Answers — Department of Finance: Tax Data (4 Jul 2024)

Jack Chambers: The Department of Finance has opened its pre-budget costings service, this is available with effect from 1 July 2024. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil Éireann. To ensure efficiency and fairness all costing requests should be made...

Written Answers — Department of Finance: Tax Data (4 Jul 2024)

Jack Chambers: The Department of Finance has opened its pre-budget costings service, this is available with effect from 1 July 2024. The procedures for availing of this service are set out in a letter dated 1 July 2024 from the Secretary General of the Department to all recognised parties and technical groups in Dáil Éireann. To ensure efficiency and fairness all costing requests should be made...

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