Oireachtas Joint and Select Committees
Thursday, 22 November 2012
Public Accounts Committee
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 2 - Government Debt
Chapter 4 - National Pensions Reserve Fund
Chapter 25 - Accounts of the National Treasury Management Agency
National Treasury Management Agency - Financial Statements 2011
National Pensions Reserve Fund Commission - Financial Statements 2011
12:10 pm
Mr. John Corrigan:
This year, the figure - as a percentage of the tax take - will be 15.7%. We do not know what will be the tax take for next year but on the basis of an assumption that it will not change, it will probably be close to 19%. The projections are that it will stabilise at this level going forward.