Written answers

Wednesday, 28 June 2006

11:00 pm

Photo of Pat BreenPat Breen (Clare, Fine Gael)
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Question 56: To ask the Minister for Finance the revenue raised by each stamp duty on credit or cash card facilities and on bank transactions; and if he will undertake a review of these duties. [24921/06]

Photo of Brian CowenBrian Cowen (Laois-Offaly, Fianna Fail)
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I am informed by the Revenue Commissioners that the net receipts from stamp duty on credit cards, cash cards and cheques in 2005 were as follows:

€m
Credit card account and charge card 63.8
ATM card without a 'Laser' function 22.4
'Laser' card without an ATM function 3.3
Combined ATM and 'Laser' card 12.2
Cheques 16.5
Total 118.2

All stamp duties, including the stamp duties on financial cards and bank transactions are reviewed in the context of the annual Budget and Finance Bill.

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