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

I thank the Deputy again. First of all, the carryover is in the base as published in the spring statement, so the €750 million is net of that. The €750 million is available for tax reductions amounting to that value in 2016 and the full-year effect is higher. All those announcements will be made on budget day, but this is not a new departure. Every time a budget is introduced here there is a first-year effect and a full-year effect, and that is not going to change. Deputies will be given full information in two weeks' time, either in the budget statement or in the documents accompanying the budget.

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