Dáil Éireann Debate, Monday - 11 September 2017
205. Deputy Joan Burton asked the Minister for Finance the data required of non-resident tax exiles; the number of days they are allowed stay here; the contribution via taxation and levies in the past three years and to date in 2017; and if he will make a statement on the matter. [38627/17]
View answerI am advised by the Deputy’s office that this question relates to the Domicile Levy.
Individuals who spend less than 183 days in this country in a tax year are considered non-resident for tax purposes. This also applies to individuals who spend less than 280 days here over a period of two consecutive years.
The Domicile Levy was introduced in the 2010 Finance Act and is payable on or before 31 October in the year following the valuation date on a self-assessment basis. For example, the due date in respect of 2015 was 31 October 2016. The valuation date is 31 December each year. The legislation providing for the Domicile Levy does not require an individual to confirm a place of residence on the return made to Revenue.
The Levy is charged on all Irish-domiciled individuals who meet the qualifying criteria in a tax year. The amount of the Levy, where it applies, is €200,000 per annum. For the tax years 2010 and 2011, it was a requirement that the person liable be both an Irish citizen and Irish domiciled. The requirement to be an Irish citizen was removed for the tax year 2012 and later years.
The Levy currently applies to an individual for a tax year if he or she is Irish-domiciled, has Irish property (as defined) greater than €5 million in the tax year, has worldwide income in excess of €1 million for the tax year and has an Irish income tax liability of less than €200,000 for the tax year. Irish tax residence is not a requirement for the Levy to apply.
The purpose of the Levy is to ensure that Irish-domiciled individuals who meet certain criteria make a contribution to the Exchequer, irrespective of where they are resident for tax purposes.
Where the Levy applies to an individual for a tax year, he or she is entitled to credit any Irish income tax paid for that year against the amount of the Levy.
The following table sets out the number of persons who have filed Domicile Levy returns and the amount collected for the three latest years for which information is available. The table excludes 2016 and 2017 to date because the Levy for 2016 is not due until 31 October 2017 and the Levy for 2017 is not due until 31 October 2018.
|
Levy Year |
No of Persons |
Amount Collected (€m) |
|
2013 |
20 |
€1.90 |
|
2014 |
13 |
€2.02 |
|
2015 |
13 |
€2.30 |
