Written answers
Wednesday, 24 September 2014
Department of Finance
Tax Yield
Seán Kenny (Dublin North East, Labour)
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63. To ask the Minister for Finance the amount of additional tax revenue collected since tax reliefs for private health insurance were reduced. [36022/14]
Michael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that figures in respect of the cost to the Exchequer of tax relief for medical insurance premiums, allowed through the tax relief at source (TRS) system for the period January to August 2013, prior to the introduction of the tax relief ceiling in October 2013, and the estimated costs for the same period in 2014 are set out in the table below.
Tax Period | Cost €m |
---|---|
Jan-August 2013 | 322 |
Jan-August 2014 (provisional) | 254 |
The figures for 2014 are provisional and subject to revision.
Seán Kenny (Dublin North East, Labour)
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64. To ask the Minister for Finance the amount of additional tax revenue collected since the VAT rate for the hospitality sector was reduced. [36023/14]
Michael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that the details on payments of VAT are not recorded in such a manner as would provide a basis for compiling the information sought by the Deputy.
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