Willie O'Dea
Question:140. Deputy Willie O'Dea asked the Minister for Finance the estimated amount it would cost to scrap the 50 cent stamp duty per cheque or bills of exchange; and if he will make a statement on the matter. [41835/19]
View answerDáil Éireann Debate, Tuesday - 15 October 2019
140. Deputy Willie O'Dea asked the Minister for Finance the estimated amount it would cost to scrap the 50 cent stamp duty per cheque or bills of exchange; and if he will make a statement on the matter. [41835/19]
View answerI am advised by Revenue that the Stamp Duty charge on cheque payments in 2018 amounted to almost €13 million.
Revenue has also confirmed that the annual cost to the Exchequer would be broadly similar if the charge was abolished.