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Tax Yield

Dáil Éireann Debate, Thursday - 18 October 2012

Thursday, 18 October 2012

Questions (101)

Joanna Tuffy

Question:

101. Deputy Joanna Tuffy asked the Minister for Finance if he will provide an update on estimated tax revenue (details supplied); and if he will make a statement on the matter. [45484/12]

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Written answers

As I have stated recently to the Deputy, the estimated full-year costs and-or yields of the tax revenue measures introduced in Budget 2012 are set out on pages B5 to B11 of the Summary of 2012 Budget and Estimates Measures Policy Changes section of the budget 2012 book. In the context of producing the budget 2013 tax revenue forecasts in the coming weeks, the Revenue Commissioners will advise my Department if the estimated full-year costs and-or yields of the tax revenue measures introduced in Budget 2012 need to be revised. I should inform the Deputy that the end of September Exchequer returns were published on 2 October last on my Department’s website. Data in relation to the performance of tax revenues, both against profile and in year-on-year terms, were published as part of those returns. I would also like to make the Deputy aware that my Department will in the coming weeks be publishing an updated medium-term fiscal statement which will include revised macroeconomic and fiscal projections.

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