Oireachtas Joint and Select Committees

Wednesday, 26 April 2023

Committee on Budgetary Oversight

Stability Programme Update: Ministers for Finance, and Public Expenditure, National Development Plan Delivery and Reform

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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I thank Deputy Nash. The answer is that there was a significant one-off transaction in stamp duty in 2022. That has affected the baseline position. As the Deputy stated, the changes in excise are a function of the policy choices and transactions we have made to those taxes.