Dáil debates

Thursday, 5 October 2023

Ceisteanna Eile - Other Questions

Tax Yield

11:35 am

Photo of Colm BurkeColm Burke (Cork North Central, Fine Gael) | Oireachtas source

Is the increase in income tax receipts a reflection of the increased number of people in employment? I understand that approximately 80,000 more people are in employment compared with this time last year. Alternatively, is it a reflection of increases in wages and salaries?

VAT receipts have increased by 9.5%. Is that a reflection not necessarily of an increase in the volume of sales of goods and services delivered but an increase in the prices being charged because VAT automatically goes up if the cost of goods has increased? Has any analysis been done on that?

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