Written answers
Tuesday, 10 November 2015
Department of Finance
VAT Payments
Michael McGrath (Cork South Central, Fianna Fail)
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176. To ask the Minister for Finance the amount of value added tax receipts from the sale of new residential units in 2013, 2014 and in 2015 to date. [39077/15]
Michael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that the approximate yield from VAT on new residential units for 2013, 2014 and to date in 2015 is as set out below.
Please note that VAT receipts are estimated based on stamp duty returns, as VAT returns do not require the yield from a particular activity or product to be identified.
Year | Estimated VAT Yield €m |
---|---|
2013 | 78 |
2014 | 135 |
2015, to date | 144 |
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