Written answers
Wednesday, 28 June 2006
Department of Finance
Tax Yield
11:00 pm
Bernard Durkan (Kildare North, Fine Gael)
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Question 158: To ask the Minister for Finance the extent to which income tax returns to date in 2006 compare with previous years; and if he will make a statement on the matter. [25310/06]
Brian Cowen (Laois-Offaly, Fianna Fail)
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The following table sets out the Exchequer Income tax receipts and the corresponding year-on-year growth rates for the period to end-May for each of the years from 2000 onwards.
Year (to end-May) | Income Tax | Year-on-Year % Change |
â'¬m | ||
2000 | 3,762 | +15.8 |
2001 | 4,110 | +9.3 |
2002 | 3,506 | -14.7 |
2003 | 3,152 | -10.1 |
2004 | 3,841 | +21.9 |
2005 | 4,035 | +5.1 |
2006 | 4,421 | +9.6 |
Income tax receipts to end-May 2006 are just 1.2 per cent below target. The Budget day target for Income tax in 2006 is for an increase of 4.8 per cent over the 2005 outturn.
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