Pearse Doherty
Question:299. Deputy Pearse Doherty asked the Minister for Finance if the revenue generated by the bank levy is factored into the base of 2023 revenue in the Summer Economic Statement. [39461/22]
View answerThursday, 14 July 2022
Questions (299)
Written answers
The bank levy was extended for one year in Budget 2022. At the time, this was estimated to raise €87 million. As the levy ends this year, a Government decision would be required to extend it into 2023.
If this measure was to be extended this estimate would be subject to revision based on the latest available data. The cost or revenue generated from extending measures will be set out in the Budget documentation. As the Deputy will appreciate, it would not be appropriate for me to comment on decisions that may be taken in advance of Budget 2023.