Pearse Doherty (Donegal South West, Sinn Fein)
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191. To ask the Minister for Finance if he will give details of the carry over to this year’s budget from the measures announced last year; and if he will provide a breakdown from whence that carry over will come [20073/13]

Michael Noonan (Limerick City, Fine Gael)
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Around €600 million of the revenue consolidation will be provided through carry forward from measures announced in Budget 2013 and prior budgets. This estimate of carry forward is inclusive of an estimated €250 million yield resulting from changes to take effect in 2014 to the maximum allowable pension fund, which was outlined in the Summary of 2013 Budget Measures. The estimated full year yields and/or costs of the tax revenue measures introduced in Budget 2013 are set out on pages A5 - A12 of the Summary of 2013 Budget and Estimates Measures Policy Changes section of the Budget 2013 book. The difference between the estimated yield/cost of a measure in 2013 and in a full year is effectively the carry-over impact.

The biggest source of carry-over in 2014 is from the Local Property Tax, which is estimated to yield a further €250 million. The increase in carbon tax is expected to deliver an additional €16 million next year. The increase in the capital acquisitions tax (CAT) is also expected to deliver an additional €12 million in 2014 and the increase in DIRT an additional €14 million. These are just some of the main sources of positive carry-over from measures introduced as part of Budget 2013. It is also important to consider that some the measures introduced as part of the Budget have a negative carry-over effect in 2014, for example the full year impact of the excise duty relief (estimated -€35 million carry-over impact). For further details the Deputy should consult pages A5 - A12 of the Summary of 2013 Budget and Estimates Measures Policy Changes section of the Budget 2013 book.