Dáil Éireann Debate, Wednesday - 13 July 2022
162. Deputy Ged Nash asked the Minister for Finance the estimated yield to Exchequer from the betting duty in the past three years; the anticipated yield that would accrue to the exchequer from increasing the betting duty for in-store and online betting to 3% and increasing the duty of 25% on commissions earned by betting intermediaries to 30% in tabular form; and if he will make a statement on the matter. [38667/22]
Amharc ar fhreagraI am advised by Revenue that information on Betting Duty receipts from traditional, remote and betting intermediaries is available for 2019 and 2020 on the Revenue website.
The breakdown of the 2021 receipts is as follows:
|
Licence Type |
Receipts €m |
|
Traditional |
24.4 |
|
Remote |
60.5 |
|
Intermediatory |
4.2 |
I am also advised that Revenue’s Ready Reckoner shows the estimated yield from the proposed changes to the Betting Duty rate and to the Betting Intermediary Duty Commission rate, on page 26. The Ready Reckoner is available on the Revenue website.
