Written answers

Wednesday, 28 November 2007

8:00 pm

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)
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Question 123: To ask the Tánaiste and Minister for Finance the revenue received in VAT, capital gains tax, capital acquisitions tax, excise, stamp duty, customs, motor tax and corporate tax from 2004 to date in 2007 and if the Minister will provide an estimate for 2008. [31636/07]

Photo of Brian CowenBrian Cowen (Laois-Offaly, Fianna Fail)
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Details of Exchequer taxes for the years 2004 – 2006 are published in the Finance Accounts and the relevant information is set out below for completeness. In relation to data for 2007, the information show in the table below reflects receipts at end-October. I will be publishing my latest estimate for the 2007 Outturn in the White Paper on Estimates and Receipts this coming weekend and, as is the norm on Budget day, 5 December, my Department will publish the Budget day tax forecast for 2008 for Exchequer Taxes.

Motor Tax is collected by the Local Authorities and paid into the Local Government Fund. Motor tax, unlike all other taxes, is not paid into the Exchequer. Under the Local Government Act, 1998 motor taxation is paid directly into the Local Government Fund. The Fund is used generally to finance local authority general purposes needs and non-national road grants. The motor tax figures for 2004 to 2007 have been provided by the Department of the Environment, Heritage and Local Government.

End Oct * 2007End year 2006End year 2005End year 2004
€m€m€m€m
VAT12,21213,44812,08910,693
Capital Gains Tax1,3753,1001,9601,516
Capital Aquisitions Tax315353249190
Excise Duties4,7205,5895,2334,928
Stamp Duty2,7743,7172,7252,089
Customs219257226173
Corporation Tax2,9646,6835,4925,332
Motor Tax**946880800745
*2007 Exchequer tax figures are the published end October Exchequer figures.
**The 2007 figure supplied by the Department of Environment, Heritage and Local Government is a whole year estimate.

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