I am advised by Revenue that a total of € 287m was written off as uncollectible in 2012, which was a decrease of €34m (11%) over 2011. A total of €107m was written off as uncollectible for the period 1 January to 31 March 2013. Revenue has not yet finalised the figures for April and May. The following table sets out the amounts written out for the periods requested on a taxhead basis. Over 70% of the tax written off last year was in the context of court processes such as liquidations and examinerships or due to business failure.
Taxes Written Out 2012 -2013
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-
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-
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-
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2012
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Jan - Mar 2013
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TAX
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Amounts (m)
|
Amounts (m)
|
Income Tax
|
32.20
|
8.48
|
Corporation Tax
|
4.80
|
8.89
|
Capital Gains Tax
|
16.34
|
4.00
|
Value Added Tax
|
130.54
|
45.62
|
PAYE
|
39.13
|
18.72
|
PRSI
|
49.78
|
17.10
|
Relevant Contracts Tax
|
14.15
|
4.43
|
TOTAL
|
286.94
|
107.24
|