Dáil Éireann Debate, Wednesday - 27 September 2023
63. Deputy Ged Nash asked the Minister for Finance the revenue raised by the domicile levy for the past three years, in tabular form; the estimated revenue that would be raised from doubling the domicile levy from €200,000 to €400,000 under the existing criteria; and if he will make a statement on the matter. [41758/23]
View answer64. Deputy Ged Nash asked the Minister for Finance the numbers of individuals subject to the domicile levy in 2021, 2022 and 2023; if he is considering any reforms in the structure and implementation of the levy; and if he will make a statement on the matter. [41759/23]
View answerI propose to take Questions Nos. 63 and 64 together.
I am advised by Revenue that the numbers and amounts collected from the domicile levy for the years 2019 to 2021 are outlined in the table below. This represents the latest data currently available.
|
Year |
Number of cases |
Amount €m |
|
2021 |
13 |
€1.6 |
|
2020 |
15 |
€2.4 |
|
2019 |
17 |
€2.4 |
In relation to increasing the levy from €200,000 to €400,000 I am advised by Revenue that the amount of additional levy to be paid would depend on the amount of Irish income tax paid by each taxpayer which would be available to offset the additional levy, which would vary case by case and year by year, and therefore it is not possible to accurately provide an estimate of the additional revenue that would be raised from increasing the levy in the manner outlined by the Deputy.
