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Universal Social Charge Payments

Dáil Éireann Debate, Thursday - 4 October 2012

Thursday, 4 October 2012

Questions (41)

Sandra McLellan

Question:

41. Deputy Sandra McLellan asked the Minister for Finance the amount of money that would be raised in a full year by extension of the Universal Social Charge to all capital gains, whether liable to Capital Gains Tax or not; and if he will make a statement on the matter. [42280/12]

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Written answers

I am informed by the Revenue Commissioners that sufficient basic data are not available on which to base a reliable estimate of the yield to the Exchequer from this proposal, as information is not required on tax returns in relation to all capital gains. Accordingly, it is not possible to provide the specific information requested by the Deputy.

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