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Tax Yield

Dáil Éireann Debate, Tuesday - 24 July 2018

Tuesday, 24 July 2018

Ceisteanna (326)

Joan Burton

Ceist:

326. Deputy Joan Burton asked the Minister for Finance the additional yield to date in 2018 from the decision to increase the commercial stamp duty by 4% to 6% in budget 2018; and if he will make a statement on the matter. [34857/18]

Amharc ar fhreagra

Freagraí scríofa

I am informed by Revenue that it is not possible to accurately identify the additional yield to date from the increase in Stamp Duty on non-residential property.

You may however wish to note that the provisional yield from Stamp Duty to end June 2018 on property is approximately €270 million, of which approximately €200 million came from non-residential property. The corresponding period in 2017 yielded €156 million of which €86 million came from non-residential property.

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