Written answers
Wednesday, 28 June 2006
Department of Finance
Tax Yield
11:00 pm
Pat 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]
Brian 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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