Dáil Éireann Debate, Wednesday - 13 December 2017
82. Deputy Clare Daly asked the Minister for Finance the estimated additional revenue yield if a publican's excise licence increased from €3,805 to €5,125 where the value of turnover was in excess of €1.270 million . [53356/17]
Amharc ar fhreagraI am advised by Revenue that 390 licences were issued to traders declaring an annual turnover in excess of €1.27m during the 2016/2017 licensing year, which ended on 30 September 2017. The total Excise Licence Duty payable by these traders was €1,483,950 (€3,805 x 390).
If the Excise Licence Duty payable had been €5,125 in the same period the total Excise Licence Duty payable would have amounted to €1,998,750. This would represent an increase of €514,800.
