Oireachtas Joint and Select Committees

Tuesday, 20 September 2016

Committee on Budgetary Oversight

Revenue Raising Proposals: Minister for Finance and Revenue Commissioners

9:30 am

Mr. Brian Boyle:

Yes, it will increase. On a no policy change basis, the return from USC will continue to increase based on growth in the economy. I do not have figures for that today but I can come back to the Deputy with more projected detail. Obviously, it will rise in line with general income tax. I think it has risen from €3.8 billion up through €4.1 billion so it is on an incline.

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