Written answers
Tuesday, 24 April 2018
Department of Finance
Budget 2018
Michael McGrath (Cork South Central, Fianna Fail)
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121. To ask the Minister for Finance the annual carry forward for 2019 and beyond for tax measures and expenditure measures, respectively, announced in budget 2018; and if he will make a statement on the matter. [17666/18]
Paschal Donohoe (Dublin Central, Fine Gael)
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The carryover cost in 2019 of tax measures introduced in Budget 2018 is estimated to be of the order of €14 million. It is important to point out that the exact impact of carryover will be reviewed as part of the normal Budgetary process, as there are several 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 introduced.
The carryover impact of Budget 2018 current expenditure measures, as published in Expenditure Report 2018, is an additional cost of €192m arising in 2019 from the carryover impact of certain Budget 2018 expenditure measures
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