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Tax Yield.

Dáil Éireann Debate, Tuesday - 23 November 2004

Tuesday, 23 November 2004

Questions (51, 52)

Paul Connaughton

Question:

96 Mr. Connaughton asked the Minister for Finance the aggregate amount of revenue expected to be raised in 2004 in taxation from the purchase, registration and use of motor vehicles, distinguishing the total in VAT, in excises, in VRT, in motor tax and so on. [29904/04]

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Bernard J. Durkan

Question:

243 Mr. Durkan asked the Minister for Finance the anticipated outturn in terms of receipts of all taxation derived from the motor industry; and if he will make a statement on the matter. [30282/04]

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Written answers

I propose to take Questions Nos. 96 and 243 together.

I am not in a position to provide figures of the anticipated outturn for 2004 of taxation specifically derived from the motor industry. The latest estimated figures for 2004 to end October 2004, as advised by the Revenue Commissioners, in respect of the yield from VAT, excise and VRT for various commodities associated with motoring, are shown in the following tables:

VAT Yield

2004 to October

€ million

Petrol

252.81

Auto Diesel

28.46

Motor Oil & LPG

1.98

Cars

367.51

Motor Cycles

4.78

Car Repairs

28.14

Car Accessories

23.28

Car Hire

10.68

Driving Instruction

2.67

Haulage

25.71

Total

746.02

Excise Duty

2004 to October

€ million

Petrol

838.00

Auto Diesel

750.40

Auto LPG

0.08

Total

1,588.5

VRT

2004 to October

€ million

Cars

890.62

Motor Cycles

2.95

Car Derived Vans

9.61

Commercial Vehicles

2.42

Total

905.60

It is not possible to quantify income tax and corporation tax data separately for the motor industry.

In respect of annual motor tax, I am informed by the Department of the Environment, Heritage and Local Government that the forecast for motor tax receipts in 2004 is €724 million. The provisional yield for the year to end October is €640 million.

In respect of toll roads, I am informed by the Department of Transport that the annual fee to the Exchequer is estimated to be approximately €9 million for 2004. It is estimated that VAT receipts for the first six months of the year are €4 million.

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