Dáil Éireann Debate, Tuesday - 21 May 2013
288. Deputy Pearse Doherty asked the Minister for Finance further to Parliamentary Question No. 187 of 30 April 2013, where he stated a figure of €52.6 million claimed and €19.5 million in assumed maximum tax costs in 2009 for other exemptions claimed by 635 people, if he will state what other exemptions consist of and the number of persons claimed per category. [24326/13]
Amharc ar fhreagraIn the tax return Form 11 the majority of property based incentive schemes on which relief could be claimed for 2009 are listed at Lines 901 – 929 inclusive. On the Corporation Tax return the majority of these reliefs are listed at lines 15.1 to 15.25 of the return form CT1. However, there are also certain older schemes where taxpayers may still wish to claim relief. Each taxpayer wishing to claim relief in respect of an investment in a scheme not provided for in Lines 901 – 929 on the form 11 or on lines 15.1 to 15.25 of the Corporation Tax return is requested to enter the appropriate details of the relevant scheme and the amount of relief claimed in a space provided in Line 930 on the form 11 and Line 15.26 on the CT1 .
These entries are the source of the figures for which claims from 635 claimants amounting to €52.6 million at an estimated cost of €19.5 million were included in the category of "Other" in the answer I gave to the deputy's parliamentary question number 187 of 30 April last. An extract of these entries has been compiled and a breakdown of the main examples is as follows.
|
Relief |
Number of Entries |
|
Relief not specified |
194 |
|
Section 23 relief |
74 |
|
Student accommodation |
22 |
|
Temple Bar |
7 |
The remainder of the entries, a significant number,were input in various non-standard formats which makes categorisation of the types of relief involved very difficult. Examples of these entries were “multiple”, “owner occupier” and the frequent entry of specific property addresses.
