Dáil Éireann Debate, Thursday - 19 July 2012
80 Deputy Kevin Humphreys asked the Minister for Finance the annual cost from 2006 to 2011 of providing tax relief on charitable donations by PAYE workers; and if he will make a statement on the matter. [36129/12]
Amharc ar fhreagraSection 848A of the Taxes Consolidation Act 1997 (TCA 1997) provides for a scheme for tax relief on donations to approved bodies. The list of approved bodies for the purposes of section 848A, which includes eligible charities, bodies approved for education in the arts and eligible primary, secondary and third level institutions, is included in Schedule 26A of TCA 1997. I am informed by the Revenue Commissioners who administer the scheme of tax relief that their records do not differentiate between refunds to eligible charities and those to other bodies approved under Schedule 26A of the TCA 1997. The following table sets out the figures for refunds of tax made by Revenue to charities and other approved bodies in respect of donations by PAYE donors for the years in question.
|
Year Ended 31st December as specified |
Estimated Cost of Tax Relief €m |
|
31/12/2006 |
28.5 |
|
31/12/2007 |
25.3 |
|
31/12/2008 |
29.5 |
|
31/12/2009 |
31.6 |
|
31/12/2010 |
30.2 |
|
31/12/2011 |
26.3 |
