Written answers
Wednesday, 21 November 2012
Department of Finance
Tax Yield
Ciara Conway (Waterford, Labour)
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To ask the Minister for Finance with regard to the one percent levy on life funds, the amount that has been collected to date; and if he will make a statement on the matter. [51747/12]
Michael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that the yield of Stamp Duties from the Life Insurance Levy, from introduction in 2009 to date in 2012, is as set out in the following table.
Year | €m |
---|---|
2009 | 8.7 |
2010 | 45.03 |
2011 | 31.6 |
2012 (to end October) | 18.89 (provisional) |
The Life Insurance Levy is a Stamp Duty paid into the Exchequer.
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