Written answers
Tuesday, 19 May 2015
Department of Finance
Exchequer Deficit
Pearse Doherty (Donegal South West, Sinn Fein)
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119. To ask the Minister for Finance the contribution, in millions of euro, to the Exchequer deficit in the period January 2015 and April 2015 compared to the same period in 2011 arising from the change solely in non-tax revenues; and the principal contributors, in millions of euro, from the various heads to that change in non-tax revenues. [19312/15]
Michael Noonan (Limerick City, Fine Gael)
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I would point out that the information requested by the Deputy is currently available on my Department's website at the following link:
However, the tables following set out the position in terms of Exchequer Deficit and total non-tax revenues collected at end-April 2011 and at end-April 2015 respectively.
Exchequer Deficit and Total Non-Tax Revenue:
| End-April 2011 | End-April 2015 | Change | |
|---|---|---|---|
| €m | €m | €m | |
| Total Non-Tax Revenue | 411 | 395 | -16 |
| Exchequer Deficit | -9,913 | -2,319 | +7,594 |
Total Non-Tax Revenue broken down by component:
| End-April 2011 | End-April 2015 | Change | |
|---|---|---|---|
| €m | €m | €m | |
| National Lottery Surplus | 80 | 67 | -13 |
| Income from Credit Institutions (Financial Support Scheme) | 3 | 0 | -3 |
| Income from Credit Institutions (Eligible Institutions Guarantee) | 283 | 52 | -231 |
| Central Bank Issue of Coins | 0 | 3 | +3 |
| Total Surplus Incomes/Royalties | 366 | 121 | -245 |
| Local Loans Fund | 1 | 0 | -1 |
| Other Advances | 8 | 3 | -5 |
| Total Interest on Loans | 10 | 4 | -6 |
| E.S.B. | 0 | 203 | +203 |
| Other Dividends | 0 | 7 | +7 |
| Total Dividends | 0 | 210 | +210 |
| Property Registration Authority Fees | 8 | 20 | +11 |
| Motoring Fees | 5 | 2 | -3 |
| NDFA Act | 0 | 5 | +5 |
| Other Receipts collected by Departments etc. | 14 | 25 | 12 |
| Miscellaneous | 4 | 1 | -4 |
| Pension levy | 4 | 5 | +1 |
| Public Service Pension Payments | 0 | 0 | 0 |
| Irish Water State Guarantee Fee | 0 | 3 | +3 |
| Total Other Receipts | 35 | 60 | +25 |
| Total Non-Tax Revenue | 411 | 395 | -16 |
Pearse Doherty (Donegal South West, Sinn Fein)
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120. To ask the Minister for Finance the contribution, in millions of euro, to the change in the Exchequer deficit in the period January 2015 and April 2015 compared to the same period in 2011 arising from the change solely in voted expenditure; and the principal contributors, in millions of euro, from the various items of voted expenditure to that change in voted expenditure. [19313/15]
Michael Noonan (Limerick City, Fine Gael)
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I would point out that the information requested by the Deputy is currently available on my Department's website at the following link:
However, the tables following set out the position in terms of Exchequer Deficit and total net voted expenditure for the period at end-April 2011 and at end-April 2015 respectively.
Exchequer Deficit and Net Voted Expenditure:
| End-April 2011 | End-April 2015 | Change | |
|---|---|---|---|
| €m | €m | €m | |
| Voted Current Expenditure | 13,908 | 13,047 | -861 |
| Voted Capital Expenditure | 934 | 672 | -262 |
| Total Net Voted Expenditure | 14,841 | 13,719 | -1,123 |
| Exchequer Deficit | -9,913 | -2,319 | +7,594 |
Total Net Voted Departmental Expenditure (Current and Capital) by vote group etc:
| End-April 2011 | End-April 2015 | ||
|---|---|---|---|
| €m | €m | ||
| Agriculture, Fisheries and Food | 343 | Agriculture, Fisheries and Food | 319 |
| Arts, Sport and Tourism | 72 | Arts, Heritage and the Gaeltacht | 83 |
| Communications, Energy and Natural Resources | 67 | Communications, Energy and Natural Resources | 37 |
| Community, Rural and Gaeltacht Affairs | 98 | Community, Rural and Gaeltacht Affairs | n/a |
| Defence | 272 | Defence | 277 |
| Education and Science | 2,887 | Education and Skills | 2,632 |
| Enterprise Trade and Employment | 243 | Jobs, Enterprise and Innovation | 213 |
| Environment, Heritage and Local Government | 400 | Environment, Community and Local Government | 145 |
| Finance Group | 343 | Finance Group | 118 |
| Public Expenditure and Reform | n/a | Public Expenditure and Reform | 255 |
| Foreign Affairs | 237 | Foreign Affairs and Trade | 177 |
| Health and Children | 4,635 | Health | 4,282 |
| Children and Youth Affairs | n/a | Children and Youth Affairs | 368 |
| Justice Group | 692 | Justice Group | 688 |
| Social and Family Affairs | 4,217 | Social Protection | 3,764 |
| Taoiseach's Group (including Legal Votes) | 56 | Taoiseach's Group (including Legal Votes) | 49 |
| Transport | 390 | Transport, Tourism and Sport | 312 |
| Recovery of advance to Social Insurance Fund | 110 | Recovery of advance to Social Insurance Fund | 0 |
| Total Net Voted Expenditure | 14,841 | Total Net Voted Expenditure | 13,719 |
As the Deputy will be aware, since April 2011, there have been a number of new Departments established and significant restructuring and transferring of functions amongst other Departments. Therefore, it is not always possible to compare the previous vote group structure position at end-April 2011 with the current voted group structure at end-April 2015. However, at end-April 2015, total net voted expenditure has reduced by €1,122 million or 7.6% when compared to the same period in 2011.
Pearse Doherty (Donegal South West, Sinn Fein)
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121. To ask the Minister for Finance the contribution, in millions of euro, to the change in the Exchequer deficit in the period January 2015 and April 2015 compared to the same period in 2011 arising from the change solely in non-voted expenditure; and the principal contributors, in millions of euro, from the various items of non-voted expenditure to that change in non-voted expenditure. [19314/15]
Michael Noonan (Limerick City, Fine Gael)
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I would point out that the information requested by the Deputy is currently available on my Department's website at the following link:
However, the tables below set out the position in terms of Exchequer Deficit and total non-voted expenditure for the period at end-April 2011 and at end-April 2015 respectively.
Exchequer Deficit and Non-Voted Expenditure:
| End-April 2011 | End-April 2015 | Change | |
|---|---|---|---|
| €m | €m | €m | |
| Non-Voted Current Expenditure | 2,818 | 4,337 | +1,519 |
| Non-Voted Capital Expenditure | 3,062 | 1,209 | -1,853 |
| Total Non-Voted Expenditure | 5,880 | 5,546 | -333 |
| Exchequer Deficit | -9,913 | -2,319 | +7,594 |
Total Non-Voted Current Expenditure by component:
| End-April 2011 | End-April 2015 | Change | |
|---|---|---|---|
| €m | €m | €m | |
| Interest | 2,082 | 3,035 | +953 |
| Other Debt Management Expenses | 62 | 50 | -13 |
| Total Service of National Debt | 2,144 | 3,084 | +940 |
| Contribution to EU Budget | 571 | 917 | +346 |
| Postal & Telecommunications Services Act 1983, section 46 | 13 | 0 | -13 |
| Payments to Marathon Petroleum Ireland Ltd | 3 | 0 | -3 |
| Election Expenses | 14 | 5 | -9 |
| Payments to Political Parties under the Electoral Acts | 5 | 5 | 0 |
| Salaries , Pensions and Allowances | 14 | 13 | -1 |
| Oireachtas Commission | 34 | 33 | -1 |
| IDA & ADFPayments under Developments Banks Act 2005 | 18 | 21 | +3 |
| NDFA Act | 1 | 4 | +3 |
| Miscellaneous | 0 | 0 | 0 |
| Pensions Insolvency Payment (Amendment) Scheme 2011 | 0 | 2 | +2 |
| Irish Fiscal Advisory Council | 0 | 0 | 0 |
| Payments under Credit Institutions (Financial Support) Act 2008 | 0 | 2 | +2 |
| Transfer of Local Property Tax Receipts to Local Government Fund | 0 | 251 | +251 |
| Total Non-Voted Current Expenditure | 2,818 | 4,337 | +1,519 |
Total Non-Voted Capital Expenditure by component:
| End-April 2011 | End-April 2015 | Change | |
|---|---|---|---|
| €m | €m | €m | |
| Carbon Fund Act 2007 | 2 | 0 | -2 |
| Other Payments under Statute | 0 | 0 | 0 |
| Promissory Notes issued under the Credit Institutions (Financial Support) Act 2008 | 3,060 | 0 | -3,060 |
| Total Other Capital Payments | 3,062 | 0 | -3,062 |
| Loans to Insurance Compensation Fund | 0 | 79 | +79 |
| Loans to Social Insurance Fund | 0 | 1,110 | +1,110 |
| Total Loans | 0 | 1,189 | +1,189 |
| Development Banks Act 2005 | 0 | 2 | +2 |
| Bretton Woods Acts 1957 - 1999 | 0 | 4 | +4 |
| European Investment | 0 | 14 | +14 |
| Total investment in International Bodies | 0 | 20 | +20 |
| Total Non-Voted Current Expenditure | 3,062 | 1,209 | -1,853 |
Pearse Doherty (Donegal South West, Sinn Fein)
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122. To ask the Minister for Finance his Department's estimate of the effect of all tax changes since the current Government came to office, in millions of euro, to the change in the Exchequer deficit in the period January 2015 and April 2015 compared to the same period in 2011 and the total change in tax revenues during that period. [19315/15]
Michael Noonan (Limerick City, Fine Gael)
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The table following sets out the position in terms of Exchequer Deficit and total tax revenues collected at end-April 2011 and at end-April 2015 respectively.
Exchequer Deficit and Total Tax Revenue:
| End-April 2011 | End-April 2015 | Change | |
|---|---|---|---|
| €m | €m | €m | |
| Total Tax Revenue | 9,611 | 12,864 | +3,253 |
| Exchequer Deficit | -9,913 | -2,319 | +7,594 |
The table following sets out the estimated full year cost or yield at the time of introduction in respect of the various tax packages introduced by this Government since 2011 to date.In addition, the costs or yields do not take account of any amendments or changes that may have been introduced in the associated Finance Acts, or amended to reflect changes in the estimated cost or yield as a result delays in State Aid approval or commencement orders etc.
| Total -cost/+yield €m | |
|---|---|
| Jobs Initiative 2011 | -75 |
| Budget 2012 | +1,270 |
| Budget 2013 | +1,730 |
| Budget 2014 | +265 |
| Budget 2015 | -510 |
It is important to point out that the cost and yields stated above do not take account of the second round impact on aggregate demand. As the Deputy will be aware, the second round impact of stronger demand is greater tax yields. In addition, I should point out that actual tax revenue outturns are driven by a number of factors such as the macroeconomic drivers, growth and strategic policy measures introduced to promote jobs and growth in the economy.
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