asked the Minister for Finance the amount of money received from all levies imposed in the 1982 and 1983 budgets; the amount of money received under each heading; the exact Departments, agencies or institutions aided by the money collected under such levies; and if he will make a statement on the matter.
Written Answers. - Budget Levy Yields.
342.
The information requested by the Deputy is as follows:
Yield (Exchequer receipts) to end-1983 from levies on income imposed in 1982 and 1983
|
1982 |
1983 |
Total |
|
|
£ million |
£ million |
£ million |
|
|
Youth Employment Levy (Applied for the first time from April 1982 under Youth Employment Agency Act, 1981) |
34.154 |
73.829 |
107.983 |
|
1 per cent Levy on Income (Applied for the first time from April 1983) |
— |
40.141 |
40.141 |
|
TOTAL |
34.154 |
113.970 |
148.124 |
The proceeds of the 1 per cent levy on income go towards financing overall Government current expenditure. Details in relation to expenditure financed from the youth employment levy are a matter for the Minister for Labour.