Written answers
Tuesday, 19 July 2011
Department of Finance
Tax Yield
10:00 pm
Pearse Doherty (Donegal South West, Sinn Fein)
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Question 121: To ask the Minister for Finance if he will provide this Deputy with an analysis of the capital acquisitions tax, CAT, take for the years 2007 to 2010, inclusive, indicating the value of gifts or inheritances under the various thresholds and the tax take under each threshold. [21042/11]
Michael Noonan (Limerick City, Fine Gael)
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I am advised by the Revenue Commissioners that the breakdown of yield from Capital Acquisitions Tax for the years in question is as follows:
| Year | Inheritance tax €m | Gift tax €m | Discretionary Trust tax €m | Probate tax€m |
| 2007 | 314.5 | 70.5 | 4.4 | 1.2 |
| 2008 | 291.8 | 46.8 | 3.3 | 0.9 |
| 2009 | 201.6 | 50.5 | 2.9 | 0.6 |
| 2010 | 186.2 | 46.8 | 3.0 | 0.5 |
On the basis of the taxable values of gifts or inheritances liable to tax, the breakdown of the 2009 yield from Inheritance tax and Gift tax by Group Threshold A, B and C is estimated as follows:
| Group threshold – relationship to disponor | % of total Inheritance tax and Gift tax |
| A - Son/Daughter | 31.5 |
| B - Parent/Brother/ Sister/Niece/ Nephew/Grandchild | 50 |
| C - Relationship other than Group A or B | 18.5 |
Details from returns are not maintained in such a way as to provide a basis for compiling this information for earlier years.
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