Tuesday, 15 October 2019

Questions (134, 135, 136)

Pat Buckley

Question:

134. Deputy Pat Buckley asked the Minister for Finance the amount of revenue raised from taxation on rental income in each of the years 2011 to 2018 and to date in 2019, in tabular form. [41670/19]

View answer

Pat Buckley

Question:

135. Deputy Pat Buckley asked the Minister for Finance the number of persons who reported and-or paid taxation on rental income in each of the years 2011 to 2018 and to date in 2019, in tabular form. [41671/19]

View answer

Pat Buckley

Question:

136. Deputy Pat Buckley asked the Minister for Finance the number of persons who declared overall losses on a rental property in each of the years 2011 to 2018 and to date in 2019, in tabular form. [41672/19]

View answer

Written answers (Question to Finance)

I propose to take Questions Nos. 134 to 136, inclusive, together.

Regarding the Deputy's question on the amount of revenue raised from taxation on rental income in each of the years 2011 to 2018 and to date in 2019, I am informed by Revenue that income tax is calculated on the total income of a taxpayer; total income can arise from multiple income sources that are not separately identified on tax returns. For this reason, it is not possible to separately identify tax revenue arising from rental income.

Regarding the Deputy's question on the number of persons who reported and/or paid taxation on rental income in each of the years 2011 to 2018 and to date in 2019, the following table contains data in respect of income taxpayers up to 2017 (the latest year for which data are currently available).

Number of Taxpayer Units* declaring rental income

Year

Irish Rental Income

Foreign Rental Income

2017

195,200

15,200

2016

193,100

15,800

2015

183,500

15,300

2014

178,500

15,900

2013

166,700

16,300

2012

157,900

16,500

2011

149,400

16,500

* Jointly assessed couples are counted as one taxpayer unit

Regarding the Deputy's question on the number of persons that declared overall losses on a rental property in each of the years 2011 to 2018 and to date in 2019, the following tables include: the numbers of income taxpayers that declared losses on rental income from 2011 to 2017; and those using losses carried forward from a previous year. The information provided is up to 2017 (the latest year for which data are currently available).

Number of Taxpayer Units with rental income with no profit declared

Year

Irish Rental Income

Foreign Rental Income

2017

13,300

2,500

2016

13,900

2,700

2015

15,300

2,900

2014

17,600

3,200

2013

19,100

3,500

2012

20,400

3,900

2011

21,500

4,300

Number of Taxpayer Units declaring unused losses from a prior year

Year

Irish Rental Income

Foreign Rental Income

2017

20,000

4,100

2016

23,300

4,400

2015

26,000

4,400

2014

28,500

4,800

2013

29,600

5,000

2012

30,000

5,000