Written answers
Tuesday, 11 June 2013
Department of Finance
Exchequer Returns
Joe McHugh (Donegal North East, Fine Gael)
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166. To ask the Minister for Finance the amounts of value added tax returns and PRSI returns that were lost due to liquidisations in the years 2008, 2009, 2010, 2011, 2012 and to date 2013. [26856/13]
Michael Noonan (Limerick City, Fine Gael)
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I am advised by Revenue that it does not maintain returns data in a format that allows specific extraction for liquidation cases. Such data would require manual extraction on a case by case basis and would be very resource intensive.
Revenue does however maintain very precise data on all VAT and PRSI money that is written out as uncollectible arising from liquidations. The figures for the years requested by the Deputy are detailed in the table below.
- | VAT (€m) | PRSI (€m) |
---|---|---|
2008 | 37.90 | 17.89 |
2009 | 62.90 | 31.38 |
2010 | 77.54 | 36.99 |
2011 | 63.20 | 35.65 |
2012 | 50.86 | 24.61 |
2013 (Jan to Mar) | 23.68 | 11.49 |
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