Stephen Donnelly (Wicklow, Independent)
Link to this: Individually | In context | Oireachtas source

94. To ask the Minister for Finance the total revenue raised for the Exchequer in 2013 and the revenue expected to be raised in 2014 from the Discretionary Trust Tax and to show the split between the once off charge for assets placed in a discretionary trust and the annual charge for assets placed in a discretionary trust; and if he will make a statement on the matter. [33871/13]

Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source

It is not possible to answer the Deputy's question on Discretionary Trust Tax in the time available. I will contact the Deputy directly with a reply.

Stephen Donnelly (Wicklow, Independent)
Link to this: Individually | In context | Oireachtas source

95. To ask the Minister for Finance the total revenue raised for the Exchequer through Stamp Duty for 2013 and the revenue expected to be raised through 2014; and if he will make a statement on the matter. [33872/13]

Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source

The most recently published fiscal forecast was contained in the SPU in April. The stamp duty estimate underpinning the 2013 forecast was €1,180m. If there was no change to stamp duty rates, estimated stamp duty yield in 2014, consistent with the SPU, would be €1,050m. The Deputy should be aware that €170m of the 2013 forecast relates to the Health Insurance Levy payable in January 2013 in respect of health insurance policies issued in the last five months of 2012. The substantial fall in 2014 is accounted for by the fact that from May 2013 the Health Insurance Levy no longer accrues to the Exchequer but is paid into the Risk Equalisation Fund. It should be pointed out that these figures may be comprehensively revised in the context of the White Paper and Budget 2014 as emerging fiscal and economic data are taken on board.

Stephen Donnelly (Wicklow, Independent)
Link to this: Individually | In context | Oireachtas source

96. To ask the Minister for Finance if he will provide a breakdown, in tabular form, of the revenue raised for 2013 and the revenue expected to be raised for 2014 from each taxable asset liable for Stamp Duty; and if he will make a statement on the matter. [33873/13]

Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source

The most recently published fiscal forecast was contained in the SPU in April. The stamp duty estimate underpinning the 2013 forecast was €1,180m. If there was no change to stamp duty rates, estimated stamp duty yield in 2014, consistent with the SPU, would be €1,050m. The Deputy should be aware that €170m of the 2013 forecast relates to the Health Insurance Levy payable in January 2013 in respect of health insurance policies issued in the last five months of 2012. The substantial fall in 2014 is accounted for by the fact that from May 2013 the Health Insurance Levy no longer accrues to the Exchequer but is paid into the Risk Equalisation Fund. It should be pointed out that these figures may be comprehensively revised in the context of the White Paper and Budget 2014 as emerging fiscal and economic data are taken on board.

Note: Figures may not exactly sum due to rounding