Dáil Éireann Debate, Tuesday - 7 November 2017
215. Deputy Joan Collins asked the Minister for Finance the annual tax revenue collected, and the tax refunds relating to electronic relevant contracts tax, within the construction sector between the years 2014 and 2016, in tabular form. [46218/17]
Amharc ar fhreagraI am advised by Revenue that the amounts received, offset and refunded in relation to RCT are set out in the table. I am further advised by Revenue that RCT payments relate to a number of different industries and it is not possible to separately identify RCT payments which relate only to the construction sector. However, construction accounts for the bulk of these activities.
|
Tax Year |
Tax collected under the RCT System |
Amount of tax collected under the RCT system that was offset against tax liabilities |
Amount of tax collected under the RCT system that was refunded |
Amount of tax collected under the RCT system that has not yet been offset or refunded |
|
2014 |
€200.8m |
€121.2m |
€48.6m |
€31.0m |
|
2015 |
€200.6m |
€126.6m |
€61.5m |
€12.5m |
|
2016 |
€255.5m |
€161m |
€54.6m |
€39.9m |
