Written answers
Tuesday, 17 September 2019
Department of Finance
Motor Tax Yield
John Lahart (Dublin South West, Fianna Fail)
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120. To ask the Minister for Finance the reason motor tax may have missed its target in terms of revenue to date in 2019. [37060/19]
Paschal Donohoe (Dublin Central, Fine Gael)
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As of end-August Motor Tax is currently €16 million or 2.3 per cent ahead of target.
The performance of Motor Tax in the year is publically available in the Department of Finance's monthly publication 'Fiscal Monitor', and has been reproduced for the Deputy's convenience below.
| Monthly Performance | Monthly Target | Excess/Shortfall | Excess/Shortfall | Cumulative Performance | Cumulative Target | Excess/Shortfall | Excess/Shortfall | |
|---|---|---|---|---|---|---|---|---|
| €m | €m | €m | % | €m | €m | €m | % | |
| January | 95 | 87 | 8 | 9.3 | n/a | n/a | n/a | n/a |
| February | 85 | 82 | 2 | 2.6 | 179 | 177 | 2 | 1.2 |
| March | 86 | 85 | 1 | 1.5 | 266 | 262 | 3 | 1.3 |
| April | 90 | 84 | 6 | 7.5 | 356 | 346 | 10 | 2.8 |
| May | 84 | 81 | 3 | 3.7 | 440 | 428 | 13 | 3.0 |
| June | 76 | 76 | -1 | -0.8 | 516 | 504 | 12 | 2.4 |
| July | 91 | 87 | 5 | 5.5 | 607 | 591 | 17 | 2.8 |
| August | 75 | 76 | -1 | -1.6 | 682 | 667 | 16 | 2.3 |
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