Kieran O'Donnell (Limerick East, Fine Gael)
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Question 97: To ask the Minister for Finance the amount collected in VRT in February 2009; the comparable figures for 2006, 2007 and 2008; and if he will make a statement on the matter. [12442/09]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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I am informed by the Revenue Commissioners that the amount collected in VRT in February 2009 and the comparable figures for 2006, 2007 and 2008 are set out in the following table. The figures provided in relation to 2008 and 2009 are provisional at this juncture.

The fall in VRT yield in February 2008 compared to February 2007 arose mainly from a change in the method of accounting for VRT payments which resulted in some payments being accounted for earlier than had been the practice. This accounting change considerably increased the January 2008 VRT yield compared to previous years while reducing in particular the February yield.

The decline in yield in 2009 reflects inter alia the general slowdown in economic activity.