Dáil Éireann Debate, Thursday - 14 April 2016
93. Deputy Thomas P. Broughan asked the Minister for Finance the amount of VAT he collected from the sale of new residential units in 2015 and in 2016 to date; and if he will make a statement on the matter. [6452/16]
View answerI am advised by the Revenue Commissioners that the information furnished on VAT returns does not require the yield from particular activities or products to be identified, and therefore it is difficult to estimate the VAT yield for the sector mentioned by the Deputy.
However, based on information extrapolated from various data sources, it is estimated that the amount of Value Added Tax collected from completion of new residential units in 2015 is €440 million. This figure includes private housing as well as the provision of social housing. Figures are unavailable at present for 2016 due to the timing of return filings.
