Following the 15 January deadline, Revenue advise us that as of 5.00pm yesterday, €53.7m in tax, interest and penalties had been received from 932 cases under the disclosure scheme.
The last such special investigation was the Single Premium Insurance Policies investigation in 2005. By the July 2005 deadline for the voluntary phase of that investigation, 4,600 taxpayers had paid €312m. Those figures subsequently increased to some €450m from 5,300 taxpayers over the subsequent phases of that investigation. Average yields per capita from both investigations are quite comparable.