The measures relating to DIRT in this budget build upon measures undertaken in earlier budgets by the Minister. The rate increased from 20% to 23% in the 2009 budget and from 23% to 25% in 2009 supplementary budget. These changes form part of a remove from taxes on labour and consumption, as I stated earlier. In overall terms, the combined projected additional yield from the budget DIRT exit tax changes is estimated to be €22.5 million in 2011 and €30 million in the full year.

See this item in context