Written answers

Thursday, 5 February 2015

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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133. To ask the Minister for Finance the yield from stamp duty on credit cards, debit cards and cheques in each year from 2012 to 2014; and if he will make a statement on the matter. [5378/15]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that the yield from Stamp Duty on credit and debit cards and on cheques, for the years in question, is as shown in following table.  Also shown is the yield from Stamp Duty on all cash cards for information.

YearCredit Cards

€m
Debit Cards Only

€m
Cash Cards*

€m
Cheques

€m
201251.640.0316.5430.97
201349.62Nil18.3225.32
201445.85Nil18.7627.42
* Cash cards include debit only cards, ATM only cards and combined ATM/debit cards.

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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134. To ask the Minister for Finance the yield from the high earners restriction in each year since it was introduced; and if he will make a statement on the matter. [5379/15]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that the additional Income Tax yield in respect of the restrictions introduced in the 2006 and 2007 Finance Acts, with effect from 1 January 2007, limiting the use of certain tax reliefs and exemptions by high income individuals is outlined in the table. These figures are based on returns received and analysis by Revenue.

YearAdditional Tax*

€m
201263
201164
201080
200939
200840
200740
* Figures are rounded

Reports are published on the both my Department's and the Revenue Commissioners' websites that provide comprehensive analysis of the high earners restriction. The most recent report was in respect of 2012. The follow up report for 2013 will be published in due course.

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