Kevin Humphreys (Dublin South East, Labour)
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196. To ask the Minister for Finance on the issue of increasing capital gains tax by 3% in budget 2013, when this measure was implemented and the resultant yield on this measure thus far to end Augus 2013 and projected yield for full year; and if he will make a statement on the matter. [40652/13]

Michael Noonan (Limerick City, Fine Gael)
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Budget 2013 provided for increasing the rate of capital gains tax from 30% to 33% for disposals made after 5 December 2012. This was implemented by way of Financial Resolution on Budget Night and was subsequently provided for in Finance Act 2013. The change was estimated to yield €50 million in 2013. However, I am informed by the Revenue Commissioners that figures of capital gains tax receipts are not captured in such a manner as would enable the impact of this change to be separately identified. It may be noted that as this change applied to disposals made after 5 December, 2012 the bulk of capital gains tax receipts affected by the change are not due for payment until 15 December, 2013.

Kevin Humphreys (Dublin South East, Labour)
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197. To ask the Minister for Finance on the issue of the increase in tax on capital acquisitions of gifts and inheritances by 3% in budget 2013, when this measure was introduced and the resultant yield on this measure thus far to end August 2013 and projected yield for full year; and if he will make a statement on the matter. [40653/13]

Michael Noonan (Limerick City, Fine Gael)
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Budget 2013 provided for increasing the rate of capital acquistions tax from 30% to 33% for gifts or inheritances taken after 5 December 2012. This was implemented by way of Financial Resolution on Budget Night and was subsequently provided for in Finance Act 2013. The change referred to was estimated to yield €20 million in 2013. However, I am informed by the Revenue Commissioners that figures for capital acquisitions tax receipts are not captured in such a manner as would enable the impact of this change to be separately identified. It may be noted that as this change applies to gifts or inheritances taken after 5 December 2012 the bulk of capital acquisitions tax receipts affected by the change are not due for payment until 31 October 2013, or 14 November 2013 where returns and payment are made through Revenue On-Line System.

Kevin Humphreys (Dublin South East, Labour)
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198. To ask the Minister for Finance the measure to reduce tax free thresholds for gifts and inheritances introduced in budget 2013 and the resultant yield on this measure thus far to end August 2013; and if he will make a statement on the matter. [40654/13]

Michael Noonan (Limerick City, Fine Gael)
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Budget 2013 provided for reducing the capital acquisitions tax group tax free thresholds by 10% for gifts or inheritances taken after 5 December 2012. This was implemented by way of Financial Resolution on Budget Night and was subsequently provided for in Finance Act 2013. The change was estimated to yield €10 million in 2013. However, I am informed by the Revenue Commissioners that figures of capital acquisitions tax receipts are not captured in such a manner as would enable the impact of this change to be separately identified. It may be noted that as this change applies to gifts or inheritances taken after 5 December 2012 the bulk of capital acquisitions tax receipts affected by the change are not due for payment until 31 October 2013, or 14 November 2013 where returns and payment are made through Revenue On-Line System.