Michael McGrath
Question:73. Deputy Michael McGrath asked the Minister for Finance the yield from DIRT in 2017; the forecasted yield in 2018; and if he will make a statement on the matter. [20533/18]
View answerDáil Éireann Debate, Thursday - 10 May 2018
73. Deputy Michael McGrath asked the Minister for Finance the yield from DIRT in 2017; the forecasted yield in 2018; and if he will make a statement on the matter. [20533/18]
View answer74. Deputy Michael McGrath asked the Minister for Finance the yield from life assurance exit tax in 2017; the forecasted yield in 2018; and if he will make a statement on the matter. [20534/18]
View answerI propose to take Questions Nos. 73 and 74 together.
I am advised by Revenue that net receipts for Deposit Interest Retention Tax (DIRT) and Life Assurance Exit Tax (LAET) in 2017 are published in Table 2 of Revenue’s Annual Report for 2017, available at https://www.revenue.ie/en/corporate/press-office/annual-report/2017/ar-2017.pdf.
My Department has forecast DIRT receipts for 2018 to be in the region of €117 million. Revenue have advised that LAET is expected to yield an estimated €180 million in 2018.