Written answers
Thursday, 9 July 2009
Department of Finance
Tax Yield
12:00 pm
Joan Burton (Dublin West, Labour)
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Question 130: To ask the Minister for Finance the total revenue in each month since their introduction to date from the income levy and the pension levy; and if he will make a statement on the matter. [29318/09]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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I am informed by the Revenue Commissioners that the estimated amounts of Income Levy collected in each month to date in 2009 are contained in the following table.
Month | Income Levy (€m) |
February | 53 |
March | 57 |
April | 61 |
May | 56 |
June | 103 |
The figure for the month of June is provisional and subject to revision.
The latest available detailed receipts for the pension related-deduction on public service remuneration are to end-May and total to just under €200 million. The table below shows the receipts for each month since the introduction of the pension-related deduction on 1 March 2009. These figures do not include receipts from the employees of Local Authorities.
Month | Pensions Related Deduction (€m) |
March | 10.5 |
April | 84.6 |
May | 100 |
The overall yield for 2009 is anticipated to be in line with the latest published estimates, which take account of the changes to arrangements introduced in the April 2009 Supplementary Budget.
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