Dáil Éireann Debate, Wednesday - 7 February 2007
173 Ms Shortall asked the Minister for Finance the percentage of GNP that the total annual tax revenue was equivalent to for each year from 2002 to date in 2007, broken down into each taxation category; the estimated corresponding figures for the year 2007 broken down into each taxation category; and if he will make a statement on the matter. [3882/07]
Amharc ar fhreagraThe table below provides the details requested by the Deputy. The 2007 figures are calculated by using the Budget 2007 tax revenue and GNP estimates. There are no GNP figures for 2007 available at this time. The 2006 GNP figure, upon which the 2006 figures are based, is an estimated outturn.
|
VAT |
Income Tax |
Corporation Tax |
Excise Duty |
Big 4 Total |
Customs |
Stamp Duty |
CGT |
CAT |
Overall Total |
|
|
% of GNP |
% of GNP |
% of GNP |
% of GNP |
% of GNP |
% of GNP |
% of GNP |
% of GNP |
% of GNP |
% of GNP |
|
|
2002 |
8.4 |
8.5 |
4.5 |
4.2 |
25.6 |
0.1 |
1.1 |
0.6 |
0.1 |
27.6 |
|
2003 |
8.3 |
7.8 |
4.4 |
3.9 |
24.4 |
0.1 |
1.4 |
1.2 |
0.2 |
27.4 |
|
2004 |
8.6 |
8.6 |
4.3 |
4.0 |
25.4 |
0.1 |
1.7 |
1.2 |
0.2 |
28.6 |
|
2005 |
8.9 |
8.3 |
4.0 |
3.8 |
25.1 |
0.2 |
2.0 |
1.4 |
0.2 |
28.9 |
|
2006 (e) |
9.0 |
8.3 |
4.5 |
3.8 |
25.6 |
0.2 |
2.5 |
2.1 |
0.2 |
30.6 |
|
2007 (e) |
9.2 |
8.4 |
4.1 |
3.8 |
25.5 |
0.2 |
2.4 |
2.1 |
0.2 |
30.4 |
Figures may not add due to rounding of constituent items.
(e) = estimate.
The main reason for the significant growth in the total tax burden over the period is the increasing percentage of GNP accounted for by stamp duty and capital gains tax, due mainly to the strength of the property market in recent years.
