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Tax Yield

Dáil Éireann Debate, Friday - 16 September 2016

Friday, 16 September 2016

Questions (204, 205)

Pearse Doherty

Question:

204. Deputy Pearse Doherty asked 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]

View answer

Pearse Doherty

Question:

205. Deputy Pearse Doherty asked 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]

View answer

Written answers

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*

*A small amount of this payment is outstanding due to a small number of customers choosing to pay by instalments.

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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