Michael McGrath (Cork South Central, Fianna Fail)
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186. To ask the Minister for Finance the income tax generated in 2015 from Airbnb hosts; and if he will make a statement on the matter. [22427/16]

Michael Noonan (Limerick City, Fine Gael)
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As the Deputy will be aware, property owners who receive income from the provision of occasional guest accommodation should make a return of their taxable profits to Revenue and pay the resultant income tax, if any, under self-assessment rules in the normal manner. The provision of guest accommodation has never qualified for relief under the rent a room scheme. The Revenue operational manual for the rent a room scheme clearly states that income from the provision of accommodation to occasional visitors for short periods does not qualify for the scheme as visitors use the accommodation as guest accommodation rather than for residential purposes.

I am informed by the Revenue Commissioners that it is not possible to provide the information sought by the Deputy. Information filed on Income Tax returns does not require the income specific to particular activities, such as hosting for Airbnb, to be separately identified.

Michael McGrath (Cork South Central, Fianna Fail)
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187. To ask the Minister for Finance the projected yield from capping dwelling house relief at €250,000 and €300,000, respectively; and if he will make a statement on the matter. [22428/16]

Michael Noonan (Limerick City, Fine Gael)
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I am informed by Revenue that the projected yield in Capital Acquisitions Tax to the Exchequer of capping the Dwelling House exemption could be in the region of €14 million and €10 million if the exemption was capped at €250,000 and €300,000 respectively, on the basis of the latest set of returns available to Revenue.