Oireachtas Joint and Select Committees

Wednesday, 14 September 2022

Committee on Budgetary Oversight

Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (Resumed)

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

We are working on our final surplus estimate for the year but it will be higher than we indicated in the summer economic statement. How much higher it will be I am not in a position to confirm now because that work is under way. As the Deputy acknowledged in his question, the challenge is that much of that additional surplus is delivered by corporate tax.

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