I am informed by the Revenue Commissioners that €1,287 million was received in 2006 and they estimate that €1,420 million VRT will be received in 2007.
The White Paper, Estimates of Receipts and Expenditure, published on Saturday 1 December last includes, inter alia, my Department's pre-Budget estimate of tax revenue for 2008. The 2008 pre-Budget estimate for Excise Duties, which includes VRT, was €5,885 million. My Department does not publish a breakdown of the components of Excise Duties.
Table 3 on page E.9. of the Budget book provides the following post-Budget forecasts for Excise Duties: €5,989 million for 2008; €6,210 million for 2009; €6,415 million for 2010.
The Revenue Commissioners produce Post-Budget estimates for VRT. Their post-Budget estimates for VRT for 2006 and 2007, the net receipts for 2006 and the expected net receipts outturns for 2007, together with the forecast for 2008, 2009 and 2010 on a post-Budget basis are set out in the following table.
Year
|
Post Budget Estimate
|
Receipts
|
|
€m
|
€m
|
2006
|
1,308
|
1,287
|
2007
|
1,538
|
1,420 (f)
|
2008
|
1,388
|
|
2009
|
1,395
|
|
2010
|
1,424
|
|
(f) forecast figures for 2007 outturn.