Dáil debates

Thursday, 15 November 2012

5:30 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

Profiling is an inexact science but the profiling section in the Department of Finance has been very accurate, month after month this year. While there are swings and roundabouts within margins, overall, they have got it pretty well spot on. I have confidence what they are profiling for November can be achieved, although there are always variations. It sometimes depends on whether the last day of the month is a Saturday or Sunday, as people must file on Friday and if they do not file until Monday, it goes into the next month. There are variations like that so one has to look at the overall picture. It is not a question of being confident that the tax flow is coming in, because I have no evidence of whether it is or not, but I am confident that the people who profile in the Department of Finance, who are in regular contact with Revenue, are doing a very good job. I hope they are all on profile for November.

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