Thursday, 20 June 2013

Ceisteanna (85)

Michael McGrath

Ceist:

85. Deputy Michael McGrath asked the Minister for Finance if he will provide details across the different taxation headings of the amount of taxation that Revenue has written off in 2012 and to date in 2013; and if he will make a statement on the matter. [30002/13]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

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

-

-

-

2012

Jan - Mar 2013

TAX

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