Oireachtas Joint and Select Committees

Wednesday, 26 September 2018

Committee on Budgetary Oversight

Ex-ante Scrutiny of Budget 2019: Minister for Finance

1:30 pm

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

Yes, this is a matter that I will be looking at in the next couple of days because we are now seeing, across a number of tax headings, a really strong performance. We have seen this in taxes in the labour market and we are also seeing it in corporation tax. I will have to make an adjudication next week as to what degree any of that is sustainable for 2019. That will determine how much of this is likely to go into the base. The other thing that is going to happen is an examination of where we are in other Departments, at savings that come out of these that are also likely to carry forward into next year. This is what we are doing, Department by Department. We are not looking at where they told us they were going to end up but where we believe they are going to the end up at the end of 2018. That is a fundamental factor in influencing what my base will be for next year.

Comments

No comments

Log in or join to post a public comment.