Jim O'Callaghan
Question:224. Deputy Jim O'Callaghan asked the Minister for Finance the estimated yield of increasing the betting tax levy from 2% to 3%. [41509/24]
View answerDáil Éireann Debate, Tuesday - 15 October 2024
224. Deputy Jim O'Callaghan asked the Minister for Finance the estimated yield of increasing the betting tax levy from 2% to 3%. [41509/24]
View answerI am advised by Revenue that its Ready Reckoner for calculating the impact of potential changes in rates of taxation can be used to estimate the effect of changes to the Betting Duty rate by extrapolating from the information on page 26. The Ready Reckoner is available on the Revenue website at: www.revenue.ie/en/corporate/information-about-revenue/statistics/ready-reckoner/index.aspx. An update of the Ready Reckoner is due to be published by the 25th of October 2024. These estimates assume no behavioural changes.