Richard Boyd Barrett
Ceist:180. Deputy Richard Boyd Barrett asked the Minister for Finance the amount that would be collected by increasing stamp duty on commercial property to 6%. [36324/17]
Amharc ar fhreagraWednesday, 26 July 2017
Ceisteanna (180)
Freagraí scríofa
The rate of stamp duty on commercial property is currently set at 2%. I am advised by Revenue that an increase of 4% would generate an estimated additional €376m in stamp duty revenue, bringing the total receipts from stamp duty on commercial property to an estimated €564m.
The deputy may be interested to note that Revenue have recently published their Pre-Budget 2018 Ready Reckoner, available at the following link: http://www.revenue.ie/en/corporate/documents/statistics/ready-reckoner.pdf