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Dáil Éireann debate -
Wednesday, 15 Mar 1967

Vol. 227 No. 5

Ceisteanna — Questions. Oral Answers. - Turnover Tax.

70.

asked the Minister for Finance the total amount collected in turnover tax for the year 1966.

The total net receipts from turnover tax from 1st January, 1966 to 31st December, 1966 was £14,547,000 approximately.

As turnover tax chargeable in respect of transactions in any month is normally payable in the following month, the figure given represents the approximate amount paid in respect of transactions in the twelve months ended 30th November, 1966.

We are all glad that revenue is buoyant and may we take it that the Minister will be specially generous to the farmers?

Fine Gael would pay for lots of things out of buoyancy of revenue, as I understand it.

We have no organisation to collect £100 dinners.

The last thing I did for the farmers was to give £5 million extra in a Supplementary Budget last year.

The last thing the Minister did was to put them in jail.

The last thing the Minister did was to let them out.

The last thing the Minister did was to leave them in the gutter for 20 days.

The then Minister for Finance, now the Taoiseach, and I brought in a Supplementary Budget to increase farmers' incomes by a full £5 million a year.

They are down £10 million from last year.

Nonsense.

The Minister's forecasts were wrong.

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