Written answers

Thursday, 4 October 2018

Department of Finance

Living City Initiative

Photo of Darragh O'BrienDarragh O'Brien (Dublin Fingal, Fianna Fail)
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85. To ask the Minister for Finance the number of applications for the Living City initiative relief; the number of successful applications; the amount of taxation expenditure on the scheme per annum since its inception to date and by type, that is, owner occupier, commercial and rented. [40530/18]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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I am advised by Revenue that the number of applications received since the Living City Initiative commenced in May 2015 is 136. Information in relation to the number of claimants, the amount claimed and the cost to the Exchequer in 2015 and 2016, the most recent year for which data is available, is included in the table below:

YearNumber of claimantsAmount claimed

€M
Maximum tax cost assumed at 40% for Income Tax and 12.5% for Corporation Tax

€M
2016150.50.2
201513 0.5 0.2

I am also advised by Revenue that due to the low number of taxpayers claiming this relief, and its obligation to observe the confidentiality of taxpayer information, it is not possible to provide the further breakdowns requested by the Deputy.

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