Dáil Éireann Debate, Thursday - 28 January 2016
77. Deputy Michael McGrath asked the Minister for Finance the total betting duty paid in 2015 and the estimated betting duty for 2016 by licensed betting offices and by online facilities; and if he will make a statement on the matter. [3578/16]
View answerI am informed by the Revenue Commissioners that the betting duty paid in 2015 and the estimated betting duty for 2016 is as follows:
|
Betting Receipts |
Traditional |
Online |
Commission |
Total |
|
Year |
€m |
€m |
€m |
€m |
|
2015 (Prov) |
27.8 |
3.0* |
0.3* |
31.1 |
|
2016 (Est) |
31.6 |
18.5 |
1.8 |
52.0 |
* The Betting (Amendment) Act 2015 came into effect on 1st August 2015 providing for the taxation of remote bookmakers and betting exchanges. The returns for remote/online bookmakers and betting exchanges of €3m and €0.3m respectively are for the period 1 August 2015 to 30 September 2015. Returns in respect of 1 October 2015 to 31 December 2015 are payable in January 2016.
The 2016 estimate is derived using the latest available information. As the 2015 data is currently provisional and only contains a small sample of payments received for online facilities, this estimate may be subject to revision.
