Willie Penrose (Westmeath, Labour)
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Question 106: To ask the Minister for Finance the amount of stamp duty raised on premiums made by motor insurance policyholders in 2005; the estimated revenue in 2006; and if he will make a statement on the matter. [19276/06]

Brian Cowen (Laois-Offaly, Fianna Fail)
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There is a 2% stamp duty that is charged on most non-life insurance premiums and is part of the normal stamp duty system. The exceptions are re-insurance, voluntary health insurance, marine, aviation and transit insurance and export credit insurance. It was introduced in 1982.

The yield over recent years has been as follows:

The budgeted yield in 2006 is €90m.

It is not possible to distinguish between the different types of insurance business within the yield from the non-life levy. The purpose of the non-life levy is to broaden the stamp duty base while maintaining low direct tax rates.