Dáil debates
Thursday, 5 October 2023
Ceisteanna Eile - Other Questions
Tax Yield
11:35 am
Colm 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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