Wednesday, 10 July 2013

Questions (82)

Stephen Donnelly

Question:

82. Deputy Stephen S. Donnelly asked the Minister for Finance the total amount of revenue that would be raised by the Exchequer through pay as you earn tax for the year 2014 if there were no changes to its current rates and allowances; and if he will make a statement on the matter. [33859/13]

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Written answers (Question to Finance)

The most recently published fiscal forecast was contained in the SPU in April with estimated PAYE receipts in 2013 of €9,630m. If there is no change in PAYE rates or allowances, the estimate for 2014, consistent with the SPU, is c. €10,225m. It should be pointed out that these figures may be comprehensively revised in the context of the White Paper and Budget 2014 as emerging fiscal and economic data are taken on board.