Written answers

Wednesday, 9 July 2014

Photo of Kevin HumphreysKevin Humphreys (Dublin South East, Labour)
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67. To ask the Minister for Finance as excise is €149 million ahead of profile for the year so far, and €58 million in June alone, if he will outline where this buoyancy arises; and if he will provide a breakdown of where the increased excises are accruing; and if he will make a statement on the matter. [30216/14]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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The end-June 2014 Exchequer returns confirmed that excise duties recorded a surplus over profile in the month of June of €58 million.   In terms of the cumulative target, excise duties were up €149 million against profile. The excise performance has been reasonably strong across a number of the excise components. In terms of where the overperfromance arise, around 30% is from VRT, 60% from fuels and 10% from other. However, it should be noted that these percentages are on a Revenue net receipts basis. While not directly comparable with Exchequer receipts, these figures are illustrative.   

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