Written answers
Friday, 16 September 2016
Department of Finance
Tax Yield
Pearse Doherty (Donegal, Sinn Fein)
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204. To ask the Minister for Finance the total revenue collected by the State as a result of the introduction of a charge for licences for betting intermediaries and for remote betting licences; and if he will make a statement on the matter. [24879/16]
Pearse Doherty (Donegal, Sinn Fein)
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205. To ask the Minister for Finance the total revenue raised to date by the introduction of betting intermediary duty and the expected revenue in 2016; and if he will make a statement on the matter. [24880/16]
Michael Noonan (Limerick City, Fine Gael)
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I propose to take Questions Nos. 204 and 205 together.
In relation to Question 24879/16, I am informed by the Revenue Commissioners that the yield from the introduction of a charge for betting intermediaries and for remote betting licences from the period July 2015 to August 2016 is as follows:
Licence Type | Issued | Total |
---|---|---|
Remote Betting Intermediary's Licence | 12 | €120,000 |
Remote Bookmaker's Licence | 47 | €470,000 |
Total | 59 | €590,000* |
In relation to Question 24880/16, I am informed by Revenue that the betting intermediary duty received in 2015 and for the period January to July 2016 is as follows:
- | €m |
---|---|
2015 | 0.3 |
2016 | 1.4 |
Please note that returns are due on a quarterly basis, in the month following the quarter end. The total revenue in 2016 is expected to be €1.9m.
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