Richard Bruton (Dublin North Central, Fine Gael)
Link to this: Individually | In context

Question 384: To ask the Minister for Finance the most recent estimates for the cost of income tax reliefs in the tax code and the full returns for 2002 and the Revenue Commissioners best estimate of their cost in 2005. [29220/05]

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

I assume the Deputy is referring to the cost for 2002 of all income tax allowances, reliefs, exemptions and tax credits which are included annually in table IT 6 of the statistical report of the Revenue Commissioners.

I am advised by the Revenue Commissioners that the estimated cost in 2002 of these tax concessions is estimated to be in the region of €10.8 billion. This figure includes the combined cost for both income tax and corporation tax for capital allowances and investment in films which are claimed under both tax heads.

Sufficient data is not yet available to enable a reliable estimate to be made at this stage of corresponding costs for 2005 in respect of all of these items.

John Perry (Sligo-Leitrim, Fine Gael)
Link to this: Individually | In context

Question 385: To ask the Minister for Finance further to Parliamentary Question No. 521 of 28 September 2005, if he will review this case (details supplied) in view of the information that was submitted to his Department official in response to correspondences on 27 May 2004; if a decision will be made and the stamp duty refunded; and if he will make a statement on the matter. [29221/05]

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

I am advised by the Revenue Commissioners that, in the case referred to by the Deputy, due to a breakdown in communication between two of its offices, it was incorrectly stated in the reply to a parliamentary question on 28 September 2005 that no response was received from the solicitor's office to their letter of 27 May 2004.

The Revenue Commissioners very much regret any inconvenience caused by this and are arranging to deliver the original deed to the solicitor so that it can be amended to include the relevant owner-occupier certificate. On receipt of the amended deed the commissioners will issue a stamp duty refund.