Michael McGrath
Question:67. Deputy Michael McGrath asked the Minister for Finance the yield from the exit tax on life assurance in 2016; the projected yield in 2017; and if he will make a statement on the matter. [14702/17]
View answerThursday, 23 March 2017
Questions (67, 68)
Michael McGrath
Question:68. Deputy Michael McGrath asked the Minister for Finance the yield from the 1% levy on life assurance products in 2016; the projected yield in 2017; and if he will make a statement on the matter. [14703/17]
View answerWritten answers
I propose to take Questions Nos. 67 and 68 together.
I am advised by Revenue that the yield from the exit tax on life assurance was in the order of €228 million in 2016. The projected yield in 2017 is €238 million.
The yield from the 1% Stamp Duty levy on certain life assurance premiums was €21.4m in 2016. The projected yield for 2017 is €25.4m.