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Dáil Éireann Debate, Tuesday - 26 July 2022

Tuesday, 26 July 2022

Ceisteanna (434)

Richard Boyd Barrett

Ceist:

434. Deputy Richard Boyd Barrett asked the Minister for Finance the estimated full-year revenue that would be generated by increasing stamp duty on non-residential property to 10%; and if he will make a statement on the matter. [41605/22]

Amharc ar fhreagra

Freagraí scríofa

I am advised by Revenue that the ‘Ready Reckoner’, which is available at www.revenue.ie/en/corporate/documents/statistics/ready-reckoner.pdf, shows, on page 19, the estimated yield from changes to the rate of Stamp Duty on non-residential property.

The current rate of Stamp Duty on non-residential property is 7.5% and the proposed increases can be derived on a pro rata basis from the published table.

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