Written answers

Tuesday, 8 November 2011

9:00 pm

Photo of Seán KennySeán Kenny (Dublin North East, Labour)
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Question 122: To ask the Minister for Finance the tax take on a motorist who spends €40 on petrol; the tax take on a motorist who spends €40 on diesel; and if he will make a statement on the matter. [33307/11]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that the tax take on a motorist who spends €40 on petrol is €22.32 based on an average price of petrol of €1.499 per litre. The tax take on a motorist who spends €40 on auto-diesel is €19.89 based on an average price of auto-diesel of €1.439 per litre.

Photo of Seán KennySeán Kenny (Dublin North East, Labour)
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Question 123: To ask the Minister for Finance the tax take on ATM cards, credit cards and so on for the years 2007 to 2010, inclusive, and to-date in 2011; and if he will make a statement on the matter. [33308/11]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that the net receipt from Stamp Duty on financial cards and cheques from 2007 to 31 October 2011, broken down both by year and type of card, is as set out in the following table:

Card Type2007€m2008€m2009€m2010€m2011€m (To 31/10)
CreditATMDebitCombined (ATM/Debit)ChequesTotal72.418.0024.318.6133.3107.310.6027.430.5175.861.62.71.012.937.4115.657.241.650.3712.6234.37106.259.060.0404.9828.4642.54

The main payment date for Stamp Duty on financial cards is in December, which accounts for the low yield in 2011 to date. In Budget 2008 the Stamp Duty on credit cards, ATM cards, debit cards and combined cards was reduced, while the Stamp Duty on cheques was increased, which partly accounts for the changes in yield from those sources between 2008 and 2009.

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