Richard Bruton (Dublin North Central, Fine Gael)
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Question 66: To ask the Tánaiste and Minister for Finance his estimate of the taxes raised from housing in each year since 2002; his estimate for 2007; and his forecast for 2008. [30479/07]

Brian Cowen (Laois-Offaly, Fianna Fail)
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In relation to taxes raised from housing, the relevant taxes are Stamp Duty, VAT and Capital Gains Tax. I am informed that information specifically attributed to housing is not readily available for all of these taxes. However, the Revenue Commissioners have supplied the following information: In 2002, the residential stamp duty net receipts were €349 million and the VAT estimates were €1,436 million. In 2003, the residential stamp duty net receipts were €528 million and the VAT estimates were €1,874 million. In 2004, the residential stamp duty net receipts were €752 million and the VAT estimates were €2,327 million. In 2005, the residential stamp duty net receipts were €945 million and the VAT estimates were €2,841 million. In 2006, the residential stamp duty net receipts were €1,311 million and the VAT estimates were €3,247 million. The residential stamp duty net receipts for 2007, to the end of October, were €902 million and the full-year VAT estimates are €3,501 million.

Stamp Duty from residential properties is shown on a Revenue net receipts basis. Revenue net receipts differ from Exchequer receipts due to accounting and timing issues. Precise figures for the VAT take from the residential housing sector is not possible, as the information furnished on VAT returns does not require the yield from particular sectors of trade to be identified. However, based on data published by the Department of the Environment, Heritage and Local Government, the estimated yield from this sector, which includes VAT on repairs and maintenance, is as I have outlined. Finally, the Department of Finance will, in the context of the forthcoming Budget, publish estimated out-turn figures for 2007 and the budget day tax forecast for 2008. In this regard it is important to note that November is an important month for tax receipts, with over 22% of total tax profiled for the year expected this month.

I am informed by the Revenue Commissioners that a breakdown of Capital Gains Tax by asset type is not available. However, it is possible to provide a proportional breakdown by reference to asset types of the aggregate consideration underlying chargeable gains, that is, the total amount on which CGT is payable for the years 2002-05 broken down into broad asset categories. These figures refer to the total selling price prior to allowing any offsets or deductions and they do not reflect whether sale of the asset gave rise to a gain or a loss. This is not a breakdown of the actual yield from residential property as, for example, disposal of a principal private residence (which is exempt from CGT), will be reflected in these figures but not in the yield. Just under 20% of disposals detailed on Form 11 as broken down by this aggregate consideration of asset value were from residential property in each of the years from 2002 to 2005. Data for the tax year 2006 is not yet available as the income tax returns for that year were not due for filing until October 2007. Similarly, 2007 data will not be available until late 2008.

Richard Bruton (Dublin North Central, Fine Gael)
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Question 67: To ask the Tánaiste and Minister for Finance his estimate of the taxes raised from motoring in each year since 2002; his estimate for 2007; and his forecast for 2008. [30480/07]

Brian Cowen (Laois-Offaly, Fianna Fail)
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I am informed by the Revenue Commissioners that the relevant information available is the amount of tax revenues collected as Mineral Oil Tax (excise), VRT and Motor Tax in respect of motor vehicles. The information furnished with VAT returns does not require the yield from a particular sector or sub-sector of trade to be identified. However, the estimated receipts of VAT from cars and motor fuels for the years 2002 to 2007 are included in the following table:

My Department will publish tax forecasts for 2008 in the context of the forthcoming Budget.