Dáil Éireann Debate, Thursday - 20 March 2025
248. Deputy Pearse Doherty asked the Minister for Finance to provide a list of all late payment fees imposed by the Revenue Commissioners; the amount collected under each heading each year since 2016, in tabular form; and if he will make a statement on the matter. [13155/25]
Amharc ar fhreagraI am advised by Revenue that it strongly encourages timely compliance and engagement by taxpayers towards paying the right amount of tax at the right time and meeting their return filing obligations. By doing so, taxpayers avoid any exposure to penalties or interest for late payment.
Collection of interest by Revenue is a key element in reflecting the value of money forgone by the Exchequer where a taxpayer does not pay what is due on time and is also vital in supporting the efforts of the vast majority of taxpayers who are voluntarily and fully compliant. Revenue has confirmed that the levying of interest on late payment of tax is a statutory charge that must be factored into any phased payment agreement or debt collection/enforcement action.
Details of the interest and penalties collected by Revenue for the years 2016 to 2024 (including the interest and penalties collected as part of Revenue’s risk management intervention and late filing/non-filing programmes) are set out in the tables below.
Table 1- Interest Collected by Revenue
|
- |
2016 €m |
2017 €m |
2018 €m |
2019 €m |
2020 €m |
2021 €m |
2022 €m |
2023 €m |
2024 €m |
|
PAYE/PRSI |
20.93 |
9.76 |
17.94 |
22.91 |
11.96 |
19.81 |
29.78 |
16.46 |
18.74 |
|
VAT |
15.10 |
16.34 |
18.79 |
20.02 |
10.10 |
12.23 |
14.35 |
18.05 |
20.92 |
|
INCOME TAX (Self-Employed) |
29.28 |
33.37 |
37.43 |
26.17 |
18.96 |
11.47 |
16.27 |
21.38 |
31.72 |
|
CORPORATION TAX |
11.63 |
10.12 |
18.23 |
15.45 |
56.89 |
152.94 |
74.45 |
89.52 |
42.85 |
|
CAPITAL GAINS TAX |
5.86 |
4.93 |
6.61 |
9.90 |
4.44 |
3.86 |
4.35 |
8.20 |
6.67 |
|
RELEVANT CONTRACTS TAX |
0.52 |
0.27 |
0.40 |
0.19 |
0.11 |
0.02 |
0.23 |
0.44 |
0.47 |
|
DIVIDEND WITHOLDING TAX |
0.11 |
0.28 |
0.11 |
0.60 |
0.41 |
7.79 |
0.16 |
-0.19 |
0.05 |
|
RELEVANT TAX ON SHARE OPTION |
0.74 |
0.78 |
0.32 |
0.50 |
0.19 |
0.38 |
0.62 |
0.56 |
0.70 |
|
STAMP DUTY |
3.51 |
2.62 |
1.99 |
1.84 |
1.89 |
2.61 |
1.78 |
2.44 |
2.40 |
|
CAPITAL ACQUISITIONS TAX |
3.07 |
2.45 |
2.33 |
2.59 |
2.10 |
2.45 |
2.51 |
2.19 |
2.90 |
|
LOCAL PROPERTY TAX |
0.04 |
0.08 |
0.14 |
1.17 |
1.76 |
3.16 |
4.52 |
5.25 |
5.79 |
|
OTHER |
0.43 |
1.47 |
1.65 |
0.59 |
1.90 |
2.60 |
3.89 |
2.87 |
8.90 |
|
Total |
91.22 |
82.47 |
105.94 |
101.93 |
110.71 |
219.32 |
152.91 |
167.17 |
142.11 |
Table 2 – Penalties Collected by Revenue
|
- |
2016 €m |
2017 €m |
2018 €m |
2019 €m |
2020 €m |
2021 €m |
2022 €m |
2023 €m |
2024 €m |
|
PAYE/PRSI |
5.54 |
4.66 |
6.19 |
4.01 |
5.66 |
0.96 |
0.83 |
2.12 |
5.01 |
|
VAT |
4.57 |
5.11 |
8.18 |
5.98 |
4.03 |
2.30 |
4.02 |
3.03 |
4.71 |
|
INCOME TAX (Self-Employed) |
5.03 |
4.66 |
5.32 |
4.36 |
3.02 |
2.05 |
3.46 |
2.60 |
4.20 |
|
CORPORATION TAX |
2.06 |
2.17 |
2.33 |
0.88 |
1.52 |
1.85 |
1.67 |
1.92 |
2.05 |
|
CAPITAL GAINS TAX |
0.75 |
0.52 |
0.97 |
0.94 |
0.66 |
1.43 |
1.37 |
1.12 |
0.80 |
|
RELEVANT CONTRACTS TAX |
2.68 |
2.92 |
3.09 |
3.30 |
1.70 |
1.60 |
2.96 |
2.87 |
4.46 |
|
DIVIDEND WITHOLDING TAX |
0.01 |
0.01 |
0.01 |
0.01 |
0.00 |
1.91 |
0.00 |
0.00 |
0.01 |
|
RELEVANT TAX ON SHARE OPTION |
0.03 |
0.03 |
0.05 |
0.00 |
0.00 |
0.00 |
0.01 |
0.10 |
0.10 |
|
STAMP DUTY |
1.27 |
1.57 |
1.46 |
1.40 |
1.27 |
1.46 |
1.68 |
1.69 |
1.59 |
|
CAPITAL ACQUISITIONS TAX |
0.56 |
0.73 |
0.30 |
0.30 |
0.42 |
0.08 |
0.18 |
0.29 |
0.26 |
|
LOCAL PROPERTY TAX |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
OTHER |
0.11 |
0.29 |
0.29 |
0.46 |
0.64 |
0.35 |
0.71 |
0.20 |
0.79 |
|
Total |
22.61 |
22.67 |
28.19 |
21.64 |
18.92 |
13.99 |
16.89 |
15.94 |
23.98 |
The data on late filing surcharges is not readily available but will be extracted and supplied to the Deputy separately.
