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Tax Yield.

Dáil Éireann Debate, Wednesday - 28 June 2006

Wednesday, 28 June 2006

Questions (143)

Bernard J. Durkan

Question:

158 Mr. Durkan asked the Minister for Finance the extent to which income tax returns to date in 2006 compare with previous years; and if he will make a statement on the matter. [25310/06]

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Written answers

The following table sets out the Exchequer Income tax receipts and the corresponding year-on-year growth rates for the period to end-May for each of the years from 2000 onwards.

Year (to end-May)

Income Tax

Year-on-Year % Change

€m

2000

3,762

+15.8

2001

4,110

+9.3

2002

3,506

-14.7

2003

3,152

-10.1

2004

3,841

+21.9

2005

4,035

+5.1

2006

4,421

+9.6

Income tax receipts to end-May 2006 are just 1.2 per cent below target. The Budget day target for Income tax in 2006 is for an increase of 4.8 per cent over the 2005 outturn.

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