Dáil Éireann Debate, Tuesday - 24 July 2018
329. Deputy Joan Burton asked the Minister for Finance the yield to date in 2018 from the compliance measures announced as part of budget 2018 (details supplied); and if he will make a statement on the matter. [34860/18]
Amharc ar fhreagraIn October 2017 I published Revenue’s evaluation of Budget 2016 compliance measures (available at: https://www.revenue.ie/en/corporate/documents/research/budget-2016-compliance-measures.pdf), with the 2018 Budget documentation. This analysis indicates the target of €75 million for 2016 was exceeded and conservative estimates show the measures in total yielded between €120 million and €150 million in the year.
I am advised that Revenue is presently working on the evaluation of the Budget 2017 compliance measures and I expect to publish the results of this evaluation at Budget 2019 time. Revenue will then follow this with an evaluation of the Budget 2018 compliance measures (those cited by the Deputy) in due course. Given the nature of these measures and that the targets reflect yield expected to be collected over the full year, a mid-year evaluation is unlikely to provide an accurate or complete indication of the final outcome. However, I am advised that, based on evidence to date, Revenue expects that the yield targets will be met.
