Written answers

Tuesday, 15 July 2014

Department of Finance

Exchequer Savings

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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242. To ask the Minister for Finance the amount carried over to 2015 as a result of budget 2014 measures; and if he will provide detailed breakdown thereof. [31262/14]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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It is estimated that there will be a small negative carryover into 2015 as a result of Budget 2014 measures in the region of €2 million. The exact impacts of carryover will be reviewed as part of the Budget 2015 process, as there are a lot of moving parts to be considered, such as economic growth, take up of various schemes and specific tax relevant factors, which could impact on the expected return from the measures. These will be reflected in the White Paper on Receipts and Expenditure which will be published in advance of Budget 2015.

Tax Head2015 Carryover €m
Income Tax+13
VAT-2
Excise Duties / (carbon tax)-8
Stamp Duty-5

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