I am advised by Revenue that the breakdown of Stamp Duty receipts by property category as requested by the Deputy is not available. The available information is the estimated net receipts of Stamp Duty associated with all property for January to March 2018 and the equivalent net receipts for January to March 2017.
Month
|
2017 Stamp Duty on Property Net Receipts
|
2018 Stamp Duty on Property Net Receipts
|
2018 Stamp Duty on Property Target
|
January
|
€30 m
|
€52 m
|
€53 m
|
February
|
€29 m
|
€31 m
|
€76 m
|
March
|
€25 m
|
€31 m
|
€65 m
|
Pre-Budget 2018 estimates of potential Stamp Duty yield were based on a projection forward of receipts in the previous years.
Receipts of Stamp Duty on property vary by month, as borne out by collection data in previous years. While Stamp Duty receipts from property are below forecast to date in 2018, the projection is for the full year and given the nature and timing of property receipts, it is too early to reach any conclusion regarding full year collection.