John McGuinness (Carlow-Kilkenny, Fianna Fail)
Link to this: Individually | In context

Question 258: To ask the Minister for Finance the revenues raised by the 2% insurance levy in 2005. [12203/05]

Brian Cowen (Laois-Offaly, Fianna Fail)
Link to this: Individually | In context

A 2% levy is imposed on most non-life insurance premia, the exceptions being re-insurance, voluntary health insurance, marine, aviation and transit insurance and export credit insurance. I am informed by the Revenue Commissioners that the latest figures available represent the receipts from the levy to the end of February 2005, which amount to €21 million. They have also informed me that the yield in 2004 was €98 million.