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Gnáthamharc

Tax Yield.

Dáil Éireann Debate, Wednesday - 12 October 2005

Wednesday, 12 October 2005

Ceisteanna (192)

Aengus Ó Snodaigh

Ceist:

222 Aengus Ó Snodaigh asked the Minister for Finance the tax yield from the credit card tax for each year since its initiation. [28383/05]

Amharc ar fhreagra

Freagraí scríofa

I am informed by the Revenue Commissioners that separately identifiable figures of the yield of stamp duty on credit cards are available for the years 1996 to 2004 inclusive and are as follows.

Stamp Duty yield on Credit Cards

Year

€million

1996

11.1

1997

11.5

1998

13.8

1999

15.4

2000

18.1

2001

20.8

2002

22.9

2003

51.7

2004

59.0

The increase in yield in 2003 relates largely to the increase in the rate of stamp duty on credit cards that was introduced in budget 2003.

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