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Dáil Éireann debate -
Thursday, 4 Dec 1969

Vol. 243 No. 3

Ceisteanna—Questions. Oral Answers. - House Sale Tax.

51.

asked the Minister for Finance the amount of tax paid to the State in (a) turnover tax, (b) whole sale tax and (c) corporation profits tax on the sale of a new house priced at £4,800.

None of the taxes mentioned by the Deputy applies directly to the sale of a house.

Turnover tax and wholesale tax are payable on the sale of some materials used in building. It is estimated that approximately £30 in turnover tax and £96 in wholesale tax would have been payable on the taxable materials used in the building of a house selling at £4,800.

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