Michael McGrath (Cork South Central, Fianna Fail)
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Question 71: To ask the Minister for Finance the approximate amount of PRSI income that was reclassified as income tax in the February Exchequer returns; the way this impacted the overall Exchequer deficit; and if he will make a statement on the matter. [13433/12]

Michael Noonan (Limerick City, Fine Gael)
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Based on information to date from the Collector General's Office, the amount of PRSI income that was reclassified as income tax in the February Exchequer returns was approximately €221 million. The overall impact on the Exchequer is neutral – what is gained in income tax is counterbalanced through higher net voted current spending.