Written answers
Tuesday, 23 October 2012
Department of Finance
Tax Yield
Joe Higgins (Dublin West, Socialist Party)
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To ask the Minister for Finance the amount of revenue that was brought in under the domicile levy in 2011. [45935/12]
Michael Noonan (Limerick City, Fine Gael)
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The Domicile Levy is payable on or before 31 October in each year following the preceding validation date of 31 December on a self-assessment basis. The yield from the levy in 2011 was €1.667 million in respect of the amount due for valuation date 31 December 2010. Individuals who are liable to pay the Domicile Levy can use any Income Tax paid in the relevant tax year as a credit against their levy liability.
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