Dáil Éireann Debate, Thursday - 8 March 2012
71 Deputy Michael McGrath asked the Minister for Finance the approximate amount of PRSI income that was reclassified as income tax in the February Exchequer returns; the way this impacted the overall Exchequer deficit; and if he will make a statement on the matter. [13433/12]
Amharc ar fhreagraBased on information to date from the Collector General's Office, the amount of PRSI income that was reclassified as income tax in the February Exchequer returns was approximately €221 million. The overall impact on the Exchequer is neutral — what is gained in income tax is counterbalanced through higher net voted current spending.
