Mr. Mark Redmond:

The Deputy is right. It is hard to conceive that between 2007 and 2009, this country lost one third - 33% - of its tax yield. To be honest, nobody saw that coming. We are in a very different place right now. If one examines the income tax figures for the past three years, one will find that the projections have been right. The accuracy of the projections has ranged from 0.8% to 2.3%. That improvement has resulted from the stabilising of the economic position, thankfully, as the recovery has got under way. It has also resulted from greater investment in information technology and human resources on the forecasting side.