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Stamp Duty

Dáil Éireann Debate, Wednesday - 19 December 2018

Wednesday, 19 December 2018

Ceisteanna (166)

Michael McGrath

Ceist:

166. Deputy Michael McGrath asked the Minister for Finance the stamp duty received from non-residential property charged at 6% to date in 2018 compared to the expectation of stamp duty receipts from non-residential property; and if he will make a statement on the matter. [53964/18]

Amharc ar fhreagra

Freagraí scríofa

I am advised by Revenue that the available information is the estimated net receipts of Stamp Duty associated with all types of property for January to November 2018, which amounted to €586 million. It is tentatively estimated that around €430 million of these receipts relate to non-residential property. The final figure for the split between residential and non-residential will not be available until after the year-end. While a monthly forecast for Stamp Duty on non-residential property is not prepared by Revenue, an estimate on a full-year basis is €600 million.

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