Written answers

Thursday, 24 October 2013

Department of Finance

Property Taxation Yield

Photo of Olivia MitchellOlivia Mitchell (Dublin South, Fine Gael)
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77. To ask the Minister for Finance the total take from property tax in 2013; and if he will make a statement on the matter. [45513/13]

Photo of Olivia MitchellOlivia Mitchell (Dublin South, Fine Gael)
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78. To ask the Minister for Finance the total anticipated tax take from property tax in 2014; and if he will make a statement on the matter. [45514/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I propose to take Questions Nos. 77 and 78 together.

My colleague may be aware that the estimated outturn for 2013 and the forecast yield for 2014 for all major tax heads were published in Budget 2014 and can be found in Table 8 on page C.15 of the Budget booklet (Local Property Tax is listed as “Local Taxes” in the table). For convenience, the table is replicated as follows.

Exchequer Tax Revenues 2013-2014

-
Estimated Outturn 2013
Budget Forecast 2014
Forecast Y-on-Y Change
-
€m
€m
%
Customs
250
255
+1.4
Excise Duty*
4,720
4,815
+2.0
Capital Gains Tax (CGT)
390
400
+3.2
Capital Acquisitions Tax (CAT)
405
380
-5.9
Stamp Duty
1,310
1,475
+12.6
Income Tax
15,730
17,045
+8.3
Corporation Tax
4,355
4,380
+0.6
VAT
10,365
10,740
+3.6
Local Taxes
300
550
+83.3
Total
37,825
40,040
+5.8

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