Written answers

Tuesday, 25 September 2018

Department of Finance

Exchequer Returns

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

148. To ask the Minister for Finance the estimated €600 million yield in 2019 from the non-indexation of the taxation system by tax head; and if he will make a statement on the matter. [38554/18]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

I assume the figure the Deputy is referring to is the estimated Exchequer yield from non-indexation of the income tax head, prepared in advance of Budget 2018, which was of the order of €0.6 billion on a full year basis.

The expected yield from non-indexation in 2019 will be updated as part of the preparations for Budget 2019 as the various elements of budgetary arithmetic required to forecast this figure become finalised.

Comments

No comments

Log in or join to post a public comment.